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Reuters: Citigroup posts loss amid credit costs

Started by dave, October 16, 2008, 03:59:23 PM

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dave

Citigroup posts loss amid credit costs
      


NEW YORK (Reuters) - Citigroup Inc, battered by the global credit crisis, posted its fourth straight quarterly loss on Thursday, hurt by more than $13 billion of credit costs and write-downs tied to complex and low-quality debt.
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