To: Bandolier
Nothing on CNBC yet about troubles at Citigroup... is this really a breaking story?
68 posted on
07/22/2002 12:15:36 PM PDT by
mwl1
To: mwl1
Fox News broke in with it as a breaking story...CNBC said more to follow it happened very fast. It was about Citigroup and it being WorldCom's biggest lender is now about to claim trouble.
To: mwl1
Small item on FoxNews's
main business story:
Citigroup (C) lost $2.30 to $33.70 and ranked as the most active on the New York Stock Exchange. The Dow member is one of the biggest lenders to WorldCom. The financial giant was dealt another blow after the Washington Post, citing unnamed sources, said Citigroup and other banks transferred more than $5 billion to Enron using complex transactions that were labeled as energy trades.
74 posted on
07/22/2002 12:18:40 PM PDT by
steveegg
To: mwl1
Post#4 only begins to tell probably what is going on and its effects on the market right now.
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