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Pandit Says Citi Rescued to hold & amp; quot; America& amp; #39; s Strength& amp; quot; November 26, 2008 with 2:18 stored under America, banks, to hold Citi Citi Pandit Says Rescued & amp; quot; America& amp; #39; s Strength& amp; quot; Citigroup Inc. Chief Executive Officer Vikram Pandit, said to the US Government pumped 20 billion dollar to the bank to send a signal that the supervisory authorities stands behind the country, the financial system. By Bradley Keoun 26 auto loan Gilroy November (Bloomberg) Citigroup Inc. Chief Executive Officer Vikram Pandit, said to the US Government pumped 20 billion dollar to the bank to send a signal that the supervisory authorities stands behind the country, the financial system. & amp; quot; We are in 109 countries in the whole world, and Citi strength becomes America& amp; #39; s strength in various regard, & amp; quot; Pandit, 51, said in

an interview with PBS& amp; #39; s Charlie rose show that yesterday Final Fundraising Tally for Obama Exceeded $750 Million - Washington Post radiated. Rescue operation & amp; quot; was real over the entire financial system. It concerned the confidence into the financial system. It became over stability & amp; quot; , it said. Citigroup share of the last week fell under 5 dollar for the first time since 1994, spark concern that the customers could pull their money and to destabilization of the new one York based bank, the 2 trillion dollar in net assets. The government agreed upon on 23 auto loan Gilroy November, for the support of the enterprises with 20 billion dollar capital and a sign against losses on 306 billion dollar for mortgages and other loans. Pandit, which took over its first public expressions as a boss of the Citigroup 11 months, made,

since the business with the government was announced. Guaranteed net assets had a nominal value of approximately 340 billion dollar on 350 billion dollar, said it, before they were written down in the midst of the Supreme Court case: Can terror suspect in US be held indefinitely? - Christian Science Monitor credit crisis. All banks have decreases into the value of their credits and securities partially, because so many of net assets become, said dumping prices into the market at the same time he. & amp; quot; Some of them are poisonous, some from them are good, & amp; quot; Pandit said. & amp; quot; There are simply too many of them. And it must clean a plan, buy these net assets and institutions has Andor fund, and the Treasury auto loan Gilroy works since over it. & amp; quot; Does deal improve? Citigroup& amp; #39; s treat,

those following 25 billion a dollar infusion from the Treasury in October, have the criticism of US legislator including the senate banking Committee Chairman Christopher Dodd. The government should have Struck a more favorable tariff and insisted on personnel changes in the management, Dodd said yesterday. The bank has four straight quarterly losses at a value of 20 billion dollar. The share quotation fell US Shoots Downs Missile in Simulation of Long-Range Attack - Washington Post as low as $ 3.77 a portion on 21 November. There the government their support assured, the camps mobilized 61 per cent to close yesterday with $ 6.08 in New York stick Exchange Composite trade. & amp; quot; Some the questions over the Citi the fortune and the Asset quality became in persons, the measures at the stock exchange, not only some people, who were camps them sell, but above all short Verk�ufer&

amp; quot; , Pandit, on investors, auto loan Gilroy said itself who try, a profiting you from bets on a camp the decrease. more