Citigroup today announced a bailout from Abu Dhabi Investment Authority. It's quite amazing actually that the largest financial company in the world now needs handouts from foreign investors to keep it afloat. You can bet the investors received nice terms for the deal.

Many analysts don't believe this is the end though and that there is more blood to be spilled at Citi.

 

Submitted: Nov 27, 2007    Views: 197    Comments: 0    Likes: 1   


View Article: http://www.marketwatch.com/news/story/citigroup-gets-75-bln-infusio...


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