4

online.wsj.com - 1/13/2009

Citigroup Ready to Shrink Itself by a Third

— online.wsj.com — Citigroup Inc. will soon announce a drastic plan to shed a host of businesses and shrink itself... by one-third, say people familiar with the bank, which its executives say will essentially dismantle the financial colossus built by legendary deal maker ... (more) Citigroup Ready to Shrink Itself by a Third

Stocks

Citigroup

Smith Barney

Morgan Stanley

Comments vote downundo vote up Calculated Risk found this 1/13/2009found this

3

bloomberg.com - 1/14/2009

Citigroup Crisis Is Emblem of Capital Drought: David Reilly

— bloomberg.com — Commentary by David Reilly Jan. 14 (Bloomberg) -- Time and again, big banks such as Citigroup Inc.... argued that irrational and seized-up markets, not the woeful state of their balance sheets, were to blame for convulsing share prices. For more than 18 ... (more) Citigroup Crisis Is Emblem of Capital Drought: David Reilly

Stocks

Citigroup

David Romer

Wells Fargo

TARP

Ben Bernanke

Travelers Group Inc

JPMorgan Chase & Co.

Comments vote downundo vote up Mish's Global Economic Trend Analysis found this 1/14/2009found this

3

dealbook.blogs.nytimes.com - 1/13/2009

The Fall of the House of Weill

— dealbook.blogs.nytimes.com — John S. Reed, Sanford I. Weill and Robert E. Rubin in 1999. After little more than a... decade, the very model of the modern financial superpower is collapsing. As Citigroup weighs a plan to break itself apart, it is essentially seeking to unwind the ... (more) The Fall of the House of Weill

Stocks

Citigroup

Bank of America

James Hamilton

J.P. Morgan Chase

The Financial Modelers' Manifesto

Comments vote downundo vote up Dealbreaker found this 1/13/2009found this

Leave a Comment

citi to be dismantled
Decline and Fall of Western Civilization — via bloomberg -- but dismantled to whom? i'd wager C ends up in the arms of the government long before it can divest itself. the telegraph all but hopes for "the equivalent of the retreat from gallipoli" as vikram pandit has sold of smith barney for 10% of what it may have got just a year ago. mish surveys the end of a banking empire, highlighted this bloomberg piece. Time and again, big banks such as Citigroup Inc. argued that irrational and seized-up markets, not the woeful state of their balance sheets, were to blame for ...