I found the headline almost unbelievable. Isn't Citi the biggest financial services company in the world? Now, it appears to have stumbled so badly in the collateralized debt markets that it is takeover material. Couple its weak financial position with the lack of a CEO, and Citi looks downright vulnreable.

Unbelievable how the mighty have fallan.

 

Submitted: Dec 10, 2007    Views: 132    Comments: 0    Likes: 1   


View Article: http://www.boston.com/business/articles/2007/12/10/citi_subprime_il...


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