Citigroup (C) will liquidate its Corporate Special Opportunities (CSO) hedge fund after...

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

Citigroup (C) will liquidate its Corporate Special Opportunities (CSO) hedge fund after it lost 53% of its value last month. Investors in CSO, which managed nearly $4.2B at its peak, will likely receive no more than ten cents on the dollar.