Citigroup rattles nerves of investors with plans to sell brokerage unit

By Eric Dash / The Bulletin
January 13, 2009

For a few brief weeks, it seemed as if Vikram Pandit, the chief executive of Citigroup, was regaining a bit of trust on Wall Street. But on Monday, as the struggling financial giant moved toward a deal with Morgan Stanley for its Smith Barney brokerage unit, all the old demons returned.

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