Citi's woes reflect depth of crisis

Quicklink submitted By       Message Margaret Bassett     Permalink
Related Topic(s): ; ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Author 4629
Become a Fan
  (30 fans)
But since then, the bank has lost about 70 percent of its stock market value and, by Sunday night, it became the recipient of a large new federal bailout. It isn't Citi alone that's faltering. The stock value of America's financial sector as a whole fell by nearly 40 percent in that same period since Oct. 28.

Read the rest of the story HERE:

At www.csmonitor.com

- Advertisement -
- Advertisement -