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Saturday, November 10, 2007

Is Citigroup Sell-Off to Be True One Day

After all the many financial markets tumbles, many big firms have turned victims. One of many victims is Citigroup. Citigroup now risk being forced to break up its model and sell off some of its assets for survival. Is this really going to be true?

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/09/cnciti109.xml

Yes, my previous post has suggested of an imminent recession. Poor performance by US and Japan will definitely cause a slowdown to even the emerging Asia.

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