Where'a an income investor to turn? Citigroup (C) calls away another series of trust preferred...

|About: Citigroup Inc. (C)|By:, SA News Editor

Where'a an income investor to turn? Citigroup (C) calls away another series of trust preferred securities, these the 7.875% Enhanced TRUPS. Banks have been busily redeeming this high-cost paper as new rules no longer allow it to be counted in capital calculations. (PR)