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Goldman Sees Serious 2Q Trouble for Citigroup, Merrill

 Jun 27, 2008 09:41 AM UTC
Return Risk
-1.19% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
C Negative 06/27/08 +18.20% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

By Mike Caggeso

Citigroup Inc. (C) - the U.S. financial titan still reeling from the subprime fallout - was the target of another downgrade, as Goldman Sachs Group Inc. analyst William Tanona said the bank may suffer $8.9 billion of second-quarter write-downs and be forced to cut its dividend again.




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