BUSINESS
05/18/2009 05:12 am ET Updated May 25, 2011

Citigroup Credit Losses Rising Rapidly

First, Citi has committed to "tell the market exactly" the results of the stress tests:

[I]t made sense to delay the launch of the exchange offer until we could tell the market exactly what the results of the stress test are.
Citigroup, April 17, 2009

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