Sabtu, 19 Juli 2008

Citigroup's Losses....

JPMorgan, Merrill Lynch, and now, of course, Citigroup. Sure, it's no "surprise." Nevertheless, these numbers are shocking.The only reason you may be shrugging this off is because you can't conceive of how much $$$ this is--and because this news has become "commonplace."The NYTimes reports,Citigroup said Friday morning that it lost $2.5 billion, or 54 cents a share, in the second quarter.The

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