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Shrinking Citi

Started by Joelle, May 09, 2008, 06:21:58 PM

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Joelle

Shrinking Citi
      


Citigroup chief Vikram Pandit has sold off assets here and there in the months since taking over the top job, including stakes in CitiStreet, CitiCapital and Diners Club. But with sources saying some $400 billion of extraneous assets are going on the block, it's fair to ask whether the head of the country's biggest bank is being boldly aggressive or slamming the panic button.
         

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