even deeper
Uncertainty is a drag on Citigroup
By Admin - Posted on November 6th, 2007
The possibility of even deeper losses from the sub-prime mortgage crisis sends shares lower. Citigroup Inc.'s problems deepened Monday as it was unable to assure investors that a potential $11-billion additional write-down for sub-prime mortgage-related securities wouldn't grow, and its nearly pristine credit ratings were downgraded.
