Relevant:
- Citi Kills The SIV, Investors Kill Citi
- Citi “weighs optionsâ€
- The dynamic central banking duo -- ECB balance sheet up over €3.1 trillion mimicking Fed balance that is close to $3 trillion. Shuffling toxic assets into darkness.
- Treasury Soliciting Bankruptcy Funding for GM, Chrysler
- When banks use capital made of sand
2007-10-19 — nakedcapitalism.com
"Citi faced the possibility of either taking a large amount of assets onto its balance sheet or unloading some or all of them, and that volume of selling would yield lousy prices and could create widescale distress."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
