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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: KeepItSimple who wrote (181082)7/18/2002 11:26:14 AM
From: oldirtybastard  Read Replies (4) of 436258
 
if we sell all of citibank to princess ali waleed, then we can let the bank go under and tell him to gfy, right?


Prince Alwaleed Buys Citigroup Shares Worth $500 Million
2002-07-18 10:22 (New York)

Dubai, July 18 (Bloomberg) -- Billionaire Saudi Prince
Alwaleed bin Talal, the largest individual shareholder in
Citigroup Inc., raised his stake in the world's biggest financial-
services company by $500 million, he said in a telephone
interview.
``Citigroup is very cheap, too cheap at current prices,''
said the 45-year-old nephew of King Fahd, whose stake in Citigroup
is now worth about $10 billion.
Citigroup shares rose as much as 2.2 percent to $37.75.
They've dropped about 25 percent this year.

--Sean Evers in the Dubai bureau (971-4)3515595 or at
evers@bloomberg.net. Editor: Collins, Vines

Story illustration: {2200Q US <Equity> GP D <GO>} and change the
start date to February 1991 to see the increase in Alwaleed's
Citicorp investment through 1998 when it became Citigroup.

{C US <Equity> GP D <GO>} for Citigroup's performance.

C US <Equity>
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