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Citigroup reports $5.1 billion loss on hefty write-downs (AP)

Started by riky, April 18, 2008, 03:26:41 PM

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riky

Citigroup reports $5.1 billion loss on hefty write-downs
    (AP)

 


<p>You are not allowed to view links. Register or LoginAP - Citigroup Inc. lost $5.1 billion during the first quarter and will eliminate about 9,000 more jobs, as poor bets on mortgages and leveraged loans lopped billions of dollars from its investment portfolio.</p><br clear="all"/>


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