| 21.12.2009 - Following Abu Dhabi's suit against Citi, will CIC also sue? |
| From Chinastakes.com:The arbitration application by Abu Dhabi Investment Authority over a disastrous investment in Citigroup has many wondering whether China Investment Corporation (CIC) will initiate a similar action. In November 2007, Abu Dhabi Investment Authority invested $7.5 billion in convertible Citi bonds, to be converted into common shares at $31.83 to $37.24 per share between March, 2010, and September, 2011.......................................Full Article: Source |