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Citigroup to buy back 7.5 bln dlrs of tainted securities (AFP)

A pedestrian walks by a Citibank office in July 2008 in San Francisco, California. Troubled US banking giant Citigroup has agreed to buy back 7.5 billion dollars' worth of tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.(AFP/Getty Images/File/Justin Sullivan)AFP - Troubled US banking giant Citigroup has agreed to buy back 7.5 billion dollars’ worth of tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.

Original post by AFP

This entry was posted on Thursday, August 7th, 2008 at 11:43 am and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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