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Reuters: Citigroup sees $1.4 billion charge over LyondellBasell

Started by chris, January 09, 2009, 01:59:30 AM

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chris

Citigroup sees $1.4 billion charge over LyondellBasell
      


NEW YORK (Reuters) - Citigroup Inc  expects to take a $1.4 billion pre-tax charge in its just-completed fourth quarter related to its exposure to LyondellBasell, the world's third-largest petrochemical company, whose U.S. operations filed for bankruptcy protection this week.<div class="feedflare">
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