Citigroup Posts Q4 and FY Loss
The TARP repayment has cost Citigroup and its shareholders $6.2 billion. It seems that shareholders can’t get enough of value decreasing and diluting efforts by the Citi management. Shares are trading +1.2%. The loan loss provisions were again reduced while credit delinquencies rose. Citigroup today reported a full year 2009 net loss of $1.6 billion, […]