Why shouldn't Citi and other financial companies raise capital from US itself? The offer that Citibank proposed to Abu Dhabi's Sovereign Fund is very attractive. Can’t Citibank put a similar proposal to the US Retail Investors and keep the ownership within US?
Source:
http://money.cnn.com/2008/01/23/magazines/fortune/sloan_banks.fortune/index.htm
Tuesday, January 29, 2008
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