NEW YORK ( TheStreet) -- When we last spoke about Citigroup's (C - Get Report) prospects, the chief concern among investors was with the bank's risk versus its potential reward. Citi was peculiar in a couple of ways.First, the pace of the bank's recovery presented investors with plenty of reasons for optimism. Yet, it was broadly understood from management's own words that there were no "easy solutions." Management was sending cautionary hints that Citi's underlying value was going to take some time to be realized. It seems, though, I was a bit more confident in management than it was. This time, it is the Street that seems to bright-eyed.
Citi's Lights Are Bright Ahead of Earnings
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