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bob3

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bob3

Re: None

Thursday, 06/19/2008 12:21:48 PM

Thursday, June 19, 2008 12:21:48 PM

Post# of 76351
Citigroup may take 'substantial' second-quarter markdowns
12:04 PM ET, Jun 19, 2008 - By Greg Morcroft

Citigroup Inc. Chief Financial Officer Gary Crittenden says the bank faces continuing credit problems in the second quarter, with credit costs rising, provisions for bad consumer loans growing and “substantial” write-downs for subprime assets likely.
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