Citigroup May Need Cash as Losses Mount, Dubai Says
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2008-03-04 — bloomberg.com
``The New York-based company said in January it was getting another $14.5 billion from investors, including the governments of Singapore and Kuwait.
``It will take a lot more than that to rescue Citi and other financial institutions,'' said Sameer al-Ansari, the chief executive officer of Dubai International, at a private-equity conference in Dubai today.
You play with fire, you get burned.
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