Thursday, November 20, 2008

Citigroup looking for partners

This reminds me of a fat person, who eats because they are depressed, but gets depressed because they eat. I don't think the way out of this mess is to make the companies our economy depend on bigger.
clipped from www.cnbc.com

Senior officials at Citigroup told CNBC that they will have to make a strategic change in the firm's direction, including finding a possible merger partner or raising cash in the coming days to arrest a sharp slide in the firm's stock price.

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