stepped down
Sub-prime crisis claims boss of biggest bank
By Admin - Posted on November 5th, 2007
Charles Prince steps down at Citigroup, which confesses that as much as $11 billion of additional losses may be coming. The sub-prime mortgage crisis claimed its second Wall Street chief executive in less than a week on Sunday as the embattled head of Citigroup Inc. stepped down. The nation's largest banking company warned it might also suffer a whopping $11 billion of additional mortgage-related losses.
