December 10, 2007

Citi subprime ills could spark takeover by JPMorgan: analysts (Reuters)

Reuters – It could take Citigroup nearly
three years to recoup losses on any further substantial
write-downs of its collateralized debt obligations, a scenario
analysts at CreditSights Inc. say could spark a takeover by
smaller rival JPMorgan Chase & Co .

Permalink • Print

Trackback uri

http://www.jolinszsells.com/631/citi-subprime-ills-could-spark-takeover-by-jpmorgan-analysts-reuters/trackback/