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 |
|---|---|---|---|
| Commercial & Residential DPA (Downpayment Assis... | 6 min | Prem Nath | 3 |
| Victims say Swiss bank funded Iran terror | 1 hr | Your conscience | 1 |
| The Inevitable Collapse of China's Banks (from Jul '07) | 2 hr | World Popula... | 96 |
| Goldman Is Working With Law-Enforcement Officia... (from Jul '07) | 2 hr | Allah God Bh... | 123 |
| TheBuzz: BOH and HI Air bring life to symbol | 2 hr | overpaid | 8 |
| Innocent man killed when SUV fleeing police hit... | 3 hr | Mastic Beach... | 82 |
| Countrywide Financial admits loan officers made... | 4 hr | Daniel Shays | 7 |


