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: Securities Law Prof BlogMore Citi Bad News Expected
By Securites Lawprof
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Citigroup is expected to announce the latest installment in its subprime and credit crisis debacle. A fourth quarter writedown in the range of $20-24 billion has been predicted. Citigroup is also expected to announce a 50% dividend cut, after assurances...Full post as published by Securities Law Prof Blog on January 15, 2008 (boomark / email).
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