CNBC's Gasparino: Citigroup Writedown Could be $24B

by polishd | January 11, 2008 at 08:06 pm
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Charlie Gasparino reported on CNBC that sources inside the firm have told him the Citigroup write downs could be $24 billion when earnings are announced next Tuesday.

 
Usually I wouldn't post every discussion of possible future write downs, but these whisper numbers are getting huge. Yesterday, the NY Times reported the Merrill write downs could be $15 billion.

 
The confessional is definitely open.
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