Reuters: Citigroup names chief of new company, scraps jet

[chris]

Citigroup names chief of new company, scraps jet
      

NEW YORK (Reuters) - Citigroup Inc, battered by massive losses that forced a government bailout, named a chief to temporarily oversee assets it is looking to shed, and scrapped plans to buy a $50 million jet that politicians called wasteful.<div class="feedflare">
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