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Citigroup at $5/share and $25B market value
November 21st, 2008 in Random musings
Wow, the fear and pessimism has really rocked the financial markets. Most people probably never thought that a storied financial group such as Citi would be under such pressure and it will only get worse. The GIC investment was just a few months ago at more than $20+. I guess it just shows the extent of the carnage and how no one is safe.