Friday, September 30, 2011

Citigroup Inc. (NYSE:C) Upbeat On Europe Crisis

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tdp2664 E money daily Citigroup Inc. (NYSE:C)'s CEO has commented on the European financial crisis, calling it 'manageable'. Citigroup Inc. (NYSE:C) Upbeat On Europe Crisis Citigroup Inc. (NYSE:C)'s CEO Vikram Pandit said in an interview that he considers the current European crisis 'manageable' and expressed his hope that it will not turn into a repetition of the 2008 financial crisis. He is also confident that his bank will withstand the current situation. Vikram Pandit said, "This is an issue of leverage — it's not a euro issue. The Europeans will figure it out. They'll get through the debt crisis and get to the other side being fully committed to the euro and the euro zone". Citigroup Inc. (NYSE:C) shares are currently standing at 26.33. Price History Last Price: 26.33 52 Week Low / High: 23.19 / 51.5 50 Day Moving Average: 30.59 6 Month Price Change %: -39.1% 12 Month Price Change %: -31.4%



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