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So much for the citi profit "spike"... actually a $1bil loss.

Started by nyc10022
over 17 years ago
Posts: 9868
Member since: Aug 2008
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>> Citi’s 1Q profit spike: Less than meets the eye Bank reports its first profitable quarter since mid-2007, topping analyst forecasts, but cut through the accounting haze, and it’s more like a loss of nearly $1 billion. http://www.crainsnewyork.com/article/20090417/FREE/904179997/1048

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