CIBC World Markets analyst Meredith Whitney wrote in a client note that the SIVs on Citi's balance sheet are likely to force the bank to raise more cash by selling US$100 billion of its assets and cutting its US$0.54 quarterly dividend.
Sun, Dec 16, 2007 - Page 11 News List
Citigroup seeking to salvage its reputation
MORE WORK NEEDED The decision to add SIVs to its balance sheet has pleased Wall Street, but concerns remain for its CSOs and the company's dividend is still in doubt
AP , NEW YORK
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