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Old 11-02-2007, 10:03 PM   #1
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Citigroup calls emergency board meeting

http://www.telegraph.co.uk/news/main...3/wciti103.xml


Hmmmm.


Edit:- Citi's CEO Charles Prince to resign.

http://online.wsj.com/article/SB1194..._whats_news_us

One fancies next week will be interesting for the financial markets.
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Old 11-03-2007, 11:40 AM   #2
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Re: Citigroup calls emergency board meeting

Quote:
Originally posted by financeguy
One fancies next week will be interesting for the financial markets.
It tends to tell me that we'll be dealing with some bargain-priced financial stocks eventually, if this contributes (in addition to the usual subprime concerns) to a long-term devaluation in the industry.

I guess now the question is how far they all have to fall first.
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