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Citi CEO to Resign After Bank Threatened with Liquidity Issues

Started by morganb · 6 months ago

Citi CEO Charles Prince is about to loose his crown as head of Citi after the company saw about 20% of its market value wiped out amidst billions of dollars of write downs related to bets made on subprime mortgage-related debt.  This is the second high-profile CEO to step down in a week - sur ... Continue reading »

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