Citigroup, probably doubtful for 24 billion dollars

According to CNBC, the financial services giant, Citigroup, is about to announce a reorganization plan in the light of the crisis of credit resulting in the insolvency of the subprime loans, would result in a devaluation at the end of the fourth quarter, to 24 billion dollars and that the position would cost 20,000 jobs. The attempt by the giant investment bank is to offset their losses in the banking sector for the year just ended and these could be partly offset if Citigroup is able to rake in the short period from 15 billion dollars, an operation which also provides for the success of the sale of 2% of the shareholding in the China Development Bank that could be pear ² difficult because of veto of the Chinese government, this is the opinion, among others, the Wall Street journal.

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