2008-03-17 — financialsense.com
``Citi only has total equity to total tangible assets of 2.3%. This 2.3% number is vitally important to determine whether Citi is solvent... if the value of those assets is 2.3% less than their reported value, then Citi is insolvent. Citi may continue operating because it is liquid, but it would be operating as an insolvent.''
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