Back to Search
Start Over
CITI MAY HAVE A NEW MESS ON ITS HANDS.
- Source :
- BusinessWeek; 11/12/2007, Issue 4058, p32-36, 4p
- Publication Year :
- 2007
-
Abstract
- The article discusses the effect of the subprime mortgage crisis of 2007 on Citigroup Inc., which has $1.6 billion in debt investments. The company has financing commitments to about a dozen collateralized debt obligations and agreed to cover 90 percent of the financing if the commercial paper market faltered. INSET: HOW A BEAR STEARNS CDO COULD HURT CITIGROUP.
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 4058
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 27363434