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Real Estate & Property Law

: Housing Wire

Bleak Outlooks, Exec Departures at BofA, Citi

By DIANA GOLOBAY

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Word out of both Citigroup Inc. (C: 5.91 -12.44%)  and Bank of America Corp. (BAC: 11.67 -10.16%) in recent weeks suggests an overall bleak outlook for fiscal 2008 and a shaky foothold going into 2009. Citigroup is expected to report massive fourth-quarter 2008 losses much greater than expected, but its lead independent director Richard Parsons [...]

Full post as published by Housing Wire on January 12, 2009 (boomark / email).

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