Sunday, December 06, 2009
Citigroup Dumped By Kuwait
Do the Kuwaitis know something we don't? Kuwait fund sells $4.1 billion stake in Citigroup - MarketWatch: "The Kuwait Investment Authority said it made a profit of $1.1 billion from the sale, or a 36.7% return on the investment, Dow Jones Newswires reported, citing an emailed statement..."
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3 comments:
gosh, it seems like yesterday that citigroup was teetering on bankruptcy. now it has a market cap of $92,000,000,000.00
good to see someone is benefiting from obama's master plan.
That is amazing-- and I don't understand how it happened.
As always an excellent posting.The
way you write is awesome.Thanks. Adding more information will be more useful.
Bathmate
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