Investors Forum |
A community of New Zealand investors |
01-16-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,576
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Citigroup has huge loss (+video)
Citigroup Inc said on Tuesday it plans to raise US$14.5 billion ($18.60 billion), slash its dividend and cut 4200 jobs to help shore up its balance sheet after a huge write-down for mortgages led to a record quarterly loss of US$9.83...
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