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Pandit: Citi Off to a Strong Start in Q1 

Citigroup Inc. [stock C][/stock]  Chief Executive Officer Vikram Pandit said in an internal memo obtained Tuesday, he is “disappointed” with Citi’s current stock price — as well as the “broad-based misperceptions” about the company and its financial position — as it doesn’t reflect the bank’s capital strength or earnings potential. Thursday, the bank took a historic slide in stock price: shares in the once most-valuable bank by both market cap and assets slipped below the $1 mark during morning trading.