accountIn just six months, Standard & Poor’s AAA blessing for a slice of a $1.5 billion collateralized debt obligation cost Citigroup its $15 million investment. http://www.bloomberg.com/news/2013-02-14/citigroup-lost-15-million-with-ubs-s-crap-cdo-blessed-by-s-p.html Bloomberg Mary Childs read more...
Join Business Exchange
to access the most
relevant content for you,
filtered by like-minded
business professionals.
Learn more
Reactions to Citigroup loses $15M due to 'crap' CDO
Join Business Exchange
to access the most relevant content for you, filtered by like-minded business professionals. Learn more
account