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Reuters: Punk Ziegel says buy Citi on rumor of further capital strength

Started by chris, March 07, 2008, 03:01:02 PM

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chris

Punk Ziegel says buy Citi on rumor of further capital strength
      


(Reuters) - Punk Ziegel recommended investors buy Citigroup
Inc , a day after the bank announced moves to overhaul its
U.S. residential mortgage business, and said new rumors in the
market suggest that the financial giant's capital strength may
be greater than thought.
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