Citigroup Write Downs

Citigroup cuts value of investments by $14B in 1Q

AP | MADLEN READ | Posted 04.18.2008 | Business


NEW YORK — Citigroup's 9,000 job cuts and $14 billion in write-downs suggest that even if the worst of the credit market volatility is over, the...

Analysts: Citi May Write Down $18.7 Billion

AP | Madlen Read | Posted 12.27.2007 | Business


When Citigroup warned in early November that it was likely to write down its portfolio by $8 billion to $11 billion in the fourth quarter because of e...