Monday, November 26, 2007

Citigroup Sells Stake To Abu Dhabi Group

Big news.

However, before you get all excited, don't forget that when Bank Of America bought that chunk of CFC it seemed like a good idea at the time.

As it stands now, they've lost 858 million on that deal.

Still, this should at least show us a temporary bottom.

1 comment:

HPT said...

Futures are up big already