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Reuters: Citigroup posts 4th straight loss on write-downs

Started by dave, October 16, 2008, 06:59:22 PM

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dave

Citigroup posts 4th straight loss on write-downs
      


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 in loan losses and write-downs for complex and risky debt.
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