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April 15, 2007
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Fri, 14 Dec 2007 09:15:16 Etc/GMT | Yahoo! Finance
This is the second time that unwanted assets have suddenly appeared on the Citigroup balance sheet. The bank's knack for landing in the markets' blackest spots is beginning to look difficult to match.
Citigroup to Assume Control of SIVs (AP)
Fri, 14 Dec 2007 08:10:18 Etc/GMT | Yahoo! Finance
Citigroup Inc. said Thursday it plans to assume control of the seven "structured investment vehicles" the bank advises to help them repay their debts.
Moody's cuts Citigroup debt rating (at MarketWatch)
Fri, 14 Dec 2007 09:37:00 Etc/GMT | Yahoo! Finance
Moody's Investors Service cut its long-term ratings of Citigroup Inc.'s debt, saying it believes the firm's capital ratios, a core measure of financial strength and stability, will remain low.
Citigroup to Assume Control of SIVs (AP)
Fri, 14 Dec 2007 11:14:54 Etc/GMT | Yahoo! Finance
Citigroup Inc. said Thursday it plans to assume control of the seven "structured investment vehicles" the bank advises to help them repay their debts.
Citigroup to Assume Control of SIVs (AP)
Fri, 14 Dec 2007 12:27:43 Etc/GMT | Yahoo! Finance
Citigroup Inc. plans to assume control of the seven "structured investment vehicles" the bank advises to help them repay their debts.
Citigroup's Stock Slips on SIV Plan (AP)
Fri, 14 Dec 2007 15:11:18 Etc/GMT | Yahoo! Finance
Citigroup Inc.'s stock slipped almost 2 percent Friday after the bank said it plans to assume control of the seven "structured investment vehicles" it advises to help them repay lenders.
Market falls on CPI as Citigroup rebounds (Reuters)
Fri, 14 Dec 2007 16:44:35 Etc/GMT | Yahoo! Finance
Stocks fell on Friday after a sharp rise in consumer prices stirred inflation fears, but the market partly recovered after Goldman Sachs upgraded Citigroup's debt, helping financial shares.
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