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$12.5 billion man: Can a Prince save the Citi?

January 19th, 2008 · 2 Comments · Stock Market

Citigroup has had some severe problems over the past couple months, whether is be CEO Chuck Prince who was forced out (amid news of the heavy losses related to bad bets on mortgage securities and an ailing housing markets), share continuing to sink, and having to post a record $18 billion dollar write down. […]

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