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Thread: Citigroup suffers a huge loss and world stock markets trembles
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[quote=MARRIE,266145]credit cruch is more sizable than expected,as a result another wave of lay-off began along with sale of non-core assets. bad debts writedowns continues and loss cannot be stopped, heard citi board did not cut dividends in half for fear of stock price continue dropping, they are raising foreign soverign funds from rich middle east as equityf or cash injections... heard US realest has been soring out of reason, now the high house price there is just bubble... [/quote]
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