Citigroup stock falls below US$1 for first time

This news I get from The Edge Malaysia, and I think the crisis will enter another crash anytime now.

NEW YORK: One US dollar could buy a cup of coffee, a pack of chewing gum, or a roll of bathroom tissue. For the first time, it could also buy a share of Citigroup Inc, once the world's largest bank by market value, according to Reuters.

The price of a Citigroup share on March 5 fell below US$1 in a sign that investors are losing confidence that the lender, which operates in more than 100 countries, can be restored to health after US$37.5 billion of losses in the 15 months ended Dec 31. More detail...

Think is not getting better!

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Bursa Malaysia (KLSE) Daily Info Edge Zone