Citigroup $2.5 billion loss soothes investors
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/ap/20080718/capt.9c69cd72d6db45a19f8c8e1e99d3f25b.bank_index_gfx207.jpg?x=72&y=130&q=85&sig=quhsbkHthmZJS2jSXkZEsA--" align="left" height="130" width="72" alt="Chart shows performance of benchmark index for 24 national money center banks and leading regional institutions including Citigroup; 1c x 4 inches; 46.5 mm x 101.6 mm" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080718/bs_nm/citigroup_dc)Reuters - Citigroup Inc posted a
smaller-than-expected quarterly loss, despite $11.7 billion of
write-downs and credit losses tied to deteriorating capital
markets and a slumping economy.</p><br clear="all"/>
http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080718/bs_nm/citigroup_dc