Citigroup faces $8.9 bln writeoff, capital need: Goldman
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20080626/2008_06_26t025718_450x391_us_citigroup_research_goldman.jpg?x=130&y=112&q=85&sig=HeHzo6hkYdaqoCepncX1aA--" align="left" height="112" width="130" alt="A man walks past the Citibank building in San Francisco, California April 30, 2008. (Robert Galbraith/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080626/bs_nm/citigroup_research_goldman_dc)Reuters - Citigroup Inc may suffer $8.9 billion of
second-quarter write-downs, forcing it perhaps to cut its
dividend again, while Merrill Lynch & Co may incur $4.2
billion of write-downs, Goldman Sachs & Co analyst William
Tanona wrote on Thursday.</p><br clear="all"/>
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