Bonds
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Citi Posts $5.1 Billion Loss; Late Mortgages More than Double
Apr 18, 2008The bleeding continued for a second straight quarter at Citigroup Inc. [stock C][/stock], who said Friday morning that it lost $5.11 billion, $1.02/share, during the first quarter of 2008, thanks to a total of $13.9 billion in write-downs spanning mortgages to leveraged loans. The loss was greater than most analysts had forecast, although the write-down total was less than expected and revenues were greater than expected — meaning that Citi saw shares bounce in early morning trading, as a result.
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The analyst rumor mill weighs in on Merrill’s CDO bingeing
Apr 16, 2008 -
CDO Issuance Ticks Upward in March, But Still Way Off
Apr 10, 2008 -
Security Capital Reduces Workforce
Mar 26, 2008 -
Security Capital Dodges the Dreaded “Going Concern” Opinion
Mar 14, 2008 -
A look under Thornburg’s hood (and it’s not pretty)
Mar 06, 2008 -
Ambac Halted, Deal to Split up Monoline Rumored Imminent
Mar 05, 2008
