Asian traders launch Citi rumor

Discussion in 'Wall St. News' started by BlueHorseshoe, Jan 22, 2008.

  1. Citi Bankruptcy Rumours - The Truth

    Rumours hit the Here Is The City news desk this morning that Citi was likely to file for Chapter 11 bankruptcy imminently, after Middle-Eastern investors, specifically the Abu Dhabi Investment Authority, had allegedly pulled its $7.5bn investment in the company.

    The implications of Citi filing for Chapter 11 are clearly huge, and the rumour mill is currently working overtime ...
  2. OMG.. crank up the house music, hit it DJ!!
  3. dtan1e


    i think someone will come in to bail them out just like in northern rock
  4. Considering how often they fuck up my mortgage payment application, I'm not surprised.
  5. S2007S


    ch 11 on citi would probably sink the dow to 10,000 in a matter of a hours.......
  6. did any of you even bother to read the article?? jesus

    it's a bogus rumor.
  7. Don't you know to sell the news and buy the rumor!?!? :)
  8. Citi to Exceed Targeted Capital Ratios Pro Forma for Fourth Quarter 2007; Nearly $30 Billion of Capital Raised or Priced Over Last 2 Months
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