Friday May 9
Citigroup mulls up to $400 bln asset sales-source
“The only reason you'd sell off that many assets is you have a lot more losses coming than you originally thought”
Citigroup Inc will present plans to sell as much as $400 bln of extraneous assets when it meets with investors and analysts on Friday, a person familiar with the situation said. via The Financial Mirror
Comments
Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.
| Topic | Updated | Last By | Comments |
|---|---|---|---|
| Driver in fatal chase failed drug test 3 weeks ... | 7 min | American vet | 25 |
| Old friends recall Obama's years in LA, NY | 11 min | John_B | 1 |
| Oil pushed above $127 a barrel for first ti... | 11 min | countersTrike | 1 |
| Glitch delaying government delivery of stimulus... | 15 min | jantheman | 73 |
| Stimulus rebate checks hit detours | 35 min | Hollywood Re... | 12 |
| WIVB-TV News4 Buffalo, NY |Federal agents raid ... | 52 min | Dottie | 16 |
| selling stock short | 52 min | puzzlediniraq | 1 |


