Hello Anonymous,
Since you have not activated your ZeccoShare profile yet, you are missing out on some great community features. Like:
Hence, we encourage you to activate your profile. It is free!
Citigroup (NYSE:C) is one of the world's largest diversified financial services firms, which means that it makes money by loaning out money and receiving interest on the loans. Citi had significant exposure to the subprime mortgage industry and suffered considerable losses in 2007 and 2008 from large write-downs and write-offs on many of its mortgage-backed securities and collateralized debt obligations. Citi has posted 5 straight quarterly losses, most recently $10.4B 3Q and $8.29B 4Q losses.[1][2]
Terms of Service - Privacy Policy