Archive for November 27th, 2007
Stocks Higher After Citi Secures Capital
Wall Street rebounded Tuesday after the Abu Dhabi Investment Authority said it will invest $7.5 billion in Citigroup Inc. — a vote of confidence for the nation’s largest bank, which has suffered severe losses amid the ongoing crisis in the mortgage market. The Dow Jones industrials rose more than 150 points.
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Posted: November 27th, 2007 under .
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