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Citigroup faces $15 billion writeoff according to Goldman Sachs. Downgrades to "Sell"
Goldman Sachs & Co on Monday downgraded Citigroup Inc (NYSE:C - News) to "sell" from "neutral," and said the largest U.S. bank may have to write off $15 billion over the next two quarters as mortgage losses reduce earnings
- Saved By: joe bloggs
- Tags: citi , citibank , citigroup , credit crunch , credit crisis , us credit crunch , citigroup goldman sachs , goldman sachs citigroup , citigroup downgraded , and citigroup downgrade
- Groups: International Business and Wall Street.
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