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  • Citi to slash 52,000 jobs

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Citi to slash 52,000 jobs

The stock lost ground and remained at levels not seen since Citigroup was created by a merger in 1998. Citigroup is now barely worth twice the $25 billion it received from the Treasury's $700 billion bank rescue plan. Conway Gittens reports from New York.

Reuters | November 17, 2008Watch more videos from Reuters

Tags:. .conway. .citigroup. .merger. .treasurys. .slash











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