The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: jmiller099 who wrote (199592)	5/1/2009 8:36:38 PM
From: Galirayo	Read Replies (4) of 306849

Citigroup Could Need $10 Billion in New Capital : WSJ By: CNBC.com \| 01 May 2009 \| 08:16 PM ET Citigroup may need as much as $10 billion in new capital, the Wall Street Journal reported Friday night, citing people familiar with the matter. The news comes as Citigroup [C 2.97 -0.08 (-2.62%) ] and other banks negotiate with the government over their "stress test" results. For after-hours Citigroup stock quotes, click here. The bank may need less capital if regulators accept the bank's arguments about its financial health, the newspaper said. Citigroup could, in a best-case scenario, have an approximately $500 million cushion above what the government is requiring. Stress test results are due Thursday and will include information on individual banks as well as aggregate data, CBNC reported earlier. cnbc.com $10 billion in new capital $10 billion in new capital $10 billion in new capital $10 billion in new capital $10 billion in new capital

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