Citigroup lops off $14 billion in investments during 1Q
(AP)
Source: Yahoo News Published April 18, 2008 @ 9:15am PDT
AP - Citigroup Inc. said Friday it will eliminate about 9,000 more jobs, after poor bets on defaulting loans and the tumultuous credit markets lopped $14 billion in value from its investments during the first quarter. [full article]
