citi is restructuring to cut its exposure. refer to article on cnbc:
Citigroup to Cut Mortgage Exposure by $45 Billion
http://www.cnbc.com/id/23506350
prophet, i have a vague memory of a story i read last week about another organisation - but i just don't remember who is was....but, it wasn't citi and the article mentioned some sort of rescue plan.
san felipe.....it seems you and i are the lone bulls here. thu, for me, its an intellectual bet only....i'm not silly enough to place money on it. i'll continue to playing the day until i get confirmation. that is: when voltaire says that its safe to buy, i'll follow. :)
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