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It's like the $700 billion bailout never happened. read more (link)

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Citi Weighs Its Options, Including Firm's Sale
online.wsj.com 11/21/2008 — Executives at Citigroup Inc., faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright, according to people familiar with the matter. The internal ...
Sheila Bair and seizing Citigroup
brontecapital.blogspot.com 11/21/2008 — I suggested that Sheila Bair might seize Citigroup precisely because it is the sort of irrational, arrogant and dumb thing she does. She did after all force the issue at Wachovia – signing a government guarantee (to Citigroup) even though a fully ...
Citigroup Tries to Stop the Drop in Its Share Price
nytimes.com 11/21/2008 — The greatest banking turmoil is setting in around Citigroup, which has lost half its value in four days. >
Is Citi about to WAMU ?
ritholtz.com 11/21/2008 — I have no special insight into Citigroup (C) other than noting: -Its been a huge round trip from 1995 to 2006 peak and back -It traded 750 million shares today -It gave up a quarter of its value. It trades like its going to go to zero. Is ...
Financial Job Losses May Double to 350,000 by 2009 (Update1)
bloomberg.com 11/21/2008 — Nov. 21 (Bloomberg) -- The bloodletting in the financial- services industry will accelerate in coming months, with job cuts doubling to about 350,000 worldwide by mid-2009, said Brian Sullivan , chief executive officer of search firm CTPartners. ...
Job losses: When it gets personalThe Economist: Full print edition 11/20/2008
The downturn is now gripping the labour market FOR many Britons, especially workers and those looking for jobs, the past few days were when it all sank in. Falling GDP is one thing, a worry to be sure but still abstract. Lay-offs are another, ...