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Citi on Its Way to Breakup?

Abnormal Returns found this 1/12/2009 on nakedcapitalism.com

The Wall Street Journal tonight says, " Citigroup Takes First Step Toward Breakup ." But what does that mean, exactly? Or had the Journal gone a bit far with the notion that the bank is doing some way, way overdue housecleaning? The eye-popping bit is that the asset dispositions are ...