Tuesday, January 29, 2008

The deal: Buy high, sell low

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

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