Citi To Take Up To $11 Billion of Additional Writedowns From Subprime Mortgages and CDO’s

by Admin on November 5, 2007

Citi Up To $11 Billion Due To Additional Writedowns From Subprime Mortgages and CDO’s. Citigroup’s Prince Steps Down. CNBS Says Prince Alwaleed Wants Sandy Weill to Run Citigroup.

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Tags: Collateralized Debt Obligation (CDO), Credit Crunch, Lenders With Problems 2007, Mortgage Defaults, Mortgage Delinquencies, Subprime Implosion, Subprime Mortgage Industry

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Citi To Take Up To $11 Billion of Additional Writedowns From Subprime Mortgages and CDO’s

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