| 08.12.2009 - US 'will not rush' sale of Citigroup |
| From Busrep.co.za: The Kuwait Investment Authority, the Gulf nation's sovereign wealth fund, said on Sunday it had sold its stake in Citigroup for $4.1bn, earning a $1.1bn profit. Citigroup shares fell to $4 in European trading yesterday, down 1.5 percent from their $4.06 close in New York trading on Friday. The shares have tumbled 47 percent this year, paring Citigroup's market value to about $92bn..................................Full Article: Source |