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Joseph L. Shaefer is a
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Wall Street Breakfast: Must-Know News [View article]
"In January, when CEO Vikram Pandit said Citi would sell or shut some non-core businesses, retail banking was among the ones he wanted to keep."
Clearly, Citi couldn't sell the subsidiaries it WANTED to sell so it is selling the ones it CAN sell. And the Feds and Wall Street want us to believe all is rosy in the Land of Oz? There are other shoes yet to drop in the banking world. I don't plan on being under them...