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: SECLaw.com

Citigroup faces $15 billion writeoff: GS

By Mark H. Astarita, Esq.

Goldman Sachs & Co on Monday downgraded Citigroup Inc to 'sell' from 'neutral,' and said the largest U.S. bank may have to write off $15 billion over the next two quarters as mortgage losses reduce earnings." Reuters

Full post as published by SECLaw.com on November 19, 2007 (boomark / email).

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