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Citigroup posts a mere $2.5 billion loss, beats expectations!

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w¡n9Nµ7 §£@¥€r Grand Master

w¡n9Nµ7 §£@¥€r   123

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NEW YORK - Citigroup posted another loss and laid off 6,000 employees in the second quarter as it struggled with surging loan defaults, but the $2.5 billion shortfall was smaller than Wall Street anticipated.

Citi's shares rose 5 percent in premarket trading Friday and helped boost the broader market.

http://news.yahoo.com/s/ap/20080718/ap_on_...earns_citigroup

Man is made by his belief. As he believes, so he is.

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Sassy1natl Proficient

Sassy1natl   0

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Heehee. My previous employer. :blush:

"Tolerance implies no lack of commitment to one's own beliefs. Rather it condemns the oppression or persecution of others.

~John Fitzgerald Kennedy~

“Out beyond ideas of wrongdoing and rightdoing, there is a field. I will meet you there."

~Jalal ad-Din Rumi~

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