William Fitzpatrick, an equity analyst at Optique Capital Management, talks with Bloomberg's Matt Miller about Citigroup Inc.'s decision to sell $3 billion of stock and outlook for the bank's shares. Citigroup, hit with writedowns on subprime mortgages and bonds, already has raised more than $30 billion of capital since December, and the bank's executives said earlier this year they wouldn't need more.
Rating:  (0 ratings) |
Views: 10 |
Added: Apr 29, 2008 |
| Category: Business |
|
|
|