Tin khủng đây............

Thế này mỹ lại có ngân hàng nữa sắp phá sản hay phải sát nhập bác nhỉ

Còn thằng nào đủ sức mua lại Citi nữa

Chủ tịch Man City Sulaiman Al Fahim.

Đã nói rồi sẽ còn nhiều tin khủng khiếp nữa
Các đáy sẽ lần lượt bị phá vỡ

kinh te the gioi suy thoai tram trong

Có thằng đòi mua này

(Reuters) - Citigroup Inc đang cân nhắc một số lựa chọn, bao gồm khả năng sát nhập hoặc tìm kiếm các nguồn tài trợ từ các nhà đầu tư, theo bản tin của CNBC, dẫn lời một quan chức cao cấp dấu tên.

Highlights:

* Đang cân nhắc khả năng cần thiết cho một sự sát nhập "quan trọng"

* Charlie Gasparino của CNBC nói là có nghe một số đối tác tiềm năng cho sát nhập bao gồm Goldman Sachs Group Inc, Morgan Stanley và State Street Corp

ôi trời, Citigroup mà đứt thì còn giữ chứgn làm gì

Citigroup Considers Sale of Company, Wall Street Journal Says

By Jesse Westbrook

Nov. 20 (Bloomberg) -- Citigroup Inc., which fell 26 percent in New York trading today, is considering selling off pieces of the bank or the whole company, the Wall Street Journal reported online, citing people familiar with the matter.

Talks are preliminary and donâ?Tt suggest that New York-based Citigroup is backing away from its insistence that it has sufficient capital and funding, the Journal said.

Buffeted by four straight quarterly losses, Citigroup has raised about $75 billion since December by selling assets and equity stakes, including a $25 billion injection from the U.S. Treasury. The government will do whatever it takes to stabilize Citigroup, including pouring more money into the company, because of the threat its failure would pose to the global economy, said Peter Wallison, a fellow at the Washington-based American Enterprise Institute.

â?oThere is no question that Citigroup will not be allowed to fail,â? said Wallison, who was Treasury Department general counsel under former President Ronald Reagan. â?oI would not think it is a good idea to restore the ban on short selling,â? he said.

Citigroup declined $1.69 to a 15-year low of $4.71 on the New York Stock Exchange at 4:15 p.m. It has fallen 84 percent this year.

Citigroup has lost about $20 billion in the past four quarters as bad loans increased and demand for banking services declined. Chief Executive Officer Vikram Pandit said this week the company will cut 52,000 jobs in the next year to lower costs.

Citigroup is seeking to revive a prohibition on short- selling financial stocks, according to a person familiar with the matter. The bank has discussed with the Securities and Exchange Commission and lawmakers its proposal to reinstitute the ban on bets that stock prices will fall, said the person, who declined to be identified because the discussions werenâ?Tt public.

To contact the reporter on this story: Jesse Westbrook in Washington at jwestbrook1@bloomberg.net.

Last Updated: November 20, 2008 20:46 EST

Tiếp theo nữa này

U.S. Congress Puts Off Automaker Rescue to Next Month (Update5)

By Laura Litvan and John Hughes

Nov. 20 (Bloomberg) -- Democratic U.S. congressional leaders put off action on automaker loans until next month, saying company chief executives haven''t yet made a case for the help.

General Motors Corp., Ford Motor Co. and Chrysler LLC must submit viability plans Dec. 2 and Congress would meet the week of Dec. 8 to consider aid, Senate Majority Leader Harry Reid said. Congressional leaders, not viewing bankruptcy as an option, must see accountability from automakers, House Speaker Nancy Pelosi said.

``Until they show us the plan, we cannot show them the money,'''' said Pelosi, a California Democrat.

The delay is a setback for automakers, which entered the week with Democratic leaders saying Congress and the White House must quickly aid them. After hearings in which auto chiefs were criticized for their salaries and use of corporate jets, those Democrats now say the companies haven''t made their case.

``The executives of the auto companies have not been able to convince the Congress or the American people that this government bailout will be its last,'''' said Reid, a Nevada Democrat.

Senator Carl Levin, a Michigan Democrat, called the delay ``risky'''' given what he called automakers'' fragile condition. Failure to bail out the Big Three automakers this year leaves General Motors with the possibility of running short of cash before a new Congress can come to the rescue next year.

Levin joined Republicans in advocating a plan to borrow $25 billion for automaker liquidity from funds previously approved for fuel-efficient vehicles. Reid declined to consider the plan, saying it lacked support. Levin said he believed it would get 60 votes in the Senate and that he will advocate it in December.

`We''re Disappointed''

``Obviously we''re disappointed we''re not going to act today,'''' Levin said. ``But I''m encouraged that the leaders'''' have pledged to address the issue.

Automakers must submit their plan to Senate Banking Committee Chairman Christopher Dodd and House Financial Services Chairman Barney Frank. The two men may hold hearings on the plan during the week of Dec. 2, Reid said.

``We intend to deliver a plan to Congress that shows them a viable General Motors,'''' the automaker said in a statement.

``Ford welcomes the opportunity to provide our plan to Congress,'''' company spokesman Mike Moran said in an e-mail.

The congressional deadlock was triggered by disagreement over how to pay for the $25 billion the Big Three automakers are seeking.

Bank-Rescue Fund

Democratic leaders have demanded that the recently approved $700 billion bank-rescue fund be tapped for the auto aid. Their plan stalled with opposition from Republicans and President George W. Bush''s administration.

The administration joined Levin, Missouri Republican Senator Christopher Bond and others pushing the alternative that would tap the fuel-efficiency loans.

``We encourage the Congress to pass it as soon as possible,'''' White House spokeswoman Dana Perino said in an e- mailed statement. Bush is ``pleased'''' that Democratic leaders agree that help for the industry depends on automakers ``making the changes needed to be viable,'''' she said.

GM, the largest U.S. automaker, probably has weeks rather than months left before it runs out of cash without federal aid, said Jerome York, an adviser to billionaire Kirk Kerkorian and former GM board member.

GM said Nov. 7 it may run short of the $11 billion minimum in cash it needs to pay its bills each month by the end of this year and will fall ``significantly'''' short of that level by the middle of next year.

Private Jets

Lawmakers faulted the Big Three auto chiefs, who testified at two hearings this week, for not helping their case. Reid pointed out that they arrived in Washington in private jets, and Bond suggested they consider selling those jets.

The chief executives also must spell out the total amount of money they need, which has been ``very elusive,'''' Reid said.

Dodd told reporters the auto chiefs were ``disappointing'''' by admitting no culpability for their current conditions and for failing to appreciate they wouldn''t get money with ``no questions asked.'''' They also must state ``a much more concrete vision'''' for how the industry will survive, he said.

Senator Arlen Specter, a Pennsylvania Republican, said there is ``a lot of skepticism'''' in the U.S. about the lack of results from the $700 billion bank rescue package.

``Not only must the auto manufacturers persuade the Congress, they''re going to have to persuade the American people,'''' Specter said.

To contact the reporters on this story: John Hughes in Washington at Jhughes5@bloomberg.net; Jeff Green in Washington at o jgreen16@bloomberg.net.

Last Updated: November 20, 2008 17:33 EST