Legal

Troubled Citigroup for Sale? 

(Update 1: reflects CEO Vikram Pandit’s statements in a company conference call.) In our current market, if a large financial institution so much as sneezes, the vultures perk up their heads, shake out their wings and, in cases where the pickings are promising, start circling even before the firm fails. So when shares of Citigroup Inc. [stock C][/stock] fell 26 percent on Thursday — not exactly a sneeze, but more like a seizure — it follows that there would be some sort of hype about the troubled banking giant with 200 million customer accounts in 100 countries.