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Showing results for tags 'Citigroup'.
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so based on 1.67, we already lost 50% of our investment. And now all the investment is in common stock which is SUPER risky. This is CRAZY. I think this investment in citigroup must be the WORST ever for GIC. U can still argue that investing in prefered stock has less risk due to the 7% d...
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Source: http://www.channelnewsasia.com/stories/afp.../346712/1/.html Citigroup to slash US$400b in assets Posted: 09 May 2008 2310 hrs NEW YORK : Citigroup, the US bank hardest hit by the sub-prime mortgage crisis, said Friday it plans to slash its assets by some 400 billion dollars ove...
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Source: http://www.channelnewsasia.com/stories/sin.../322733/1/.html Posted: 15 January 2008 1951 hrs SINGAPORE: The Government of Singapore Investment Corporation (GIC) may soon have a bigger stake in US-based Citigroup. GIC will pump in US$6.88 billion (S$9.8 billion) into Citigroup, w...
