Citigroup reports $5.1 billion loss on hefty write-downs (AP) - The Sober Village Addiction Recovery Forums

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Citigroup reports $5.1 billion loss on hefty write-downs (AP)

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Citigroup reports $5.1 billion loss on hefty write-downs (AP)
This is a discussion on Citigroup reports $5.1 billion loss on hefty write-downs (AP) within the The Town Crier - Global Events forums, part of the The Village Square category; AP - Citigroup Inc. lost $5.1 billion during the first quarter and will eliminate about 9,000 more jobs, as poor ...

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04-18-2008, 03:34 PM	#1
Sober Bot Guest Posts: n/a	Citigroup reports $5.1 billion loss on hefty write-downs (AP) AP - Citigroup Inc. lost $5.1 billion during the first quarter and will eliminate about 9,000 more jobs, as poor bets on mortgages and leveraged loans lopped billions of dollars from its investment portfolio. More...

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