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Archive Home > 2008 > May > 04 > After losses, banks do damage control

After losses, banks do damage control

By The Washington Post / The Bulletin
May 4, 2008

NEW YORK — In a conference call last month on Citigroup’s earnings, analysts asked whether the firm would need to raise money to offset mounting losses. Since last year, Citigroup had come up with $35 billion in new capital, and now the bank’s executives were being....

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