Thursday, March 05, 2009

A dollar will buy you a share of Citigroup

And you'll get change back!

Shares of Citigroup Inc., once the nation's most powerful bank, fell below $1 a share Thursday.

The stock fell to 97 cents in late morning trading, down 16 cents or 14.2 percent from Wednesday.

New York-based Citi has lost more than 85 percent of its value so far this year, and is down more than 95 percent from a year ago as the bank was pummeled by the financial market crisis.
Of course, I don't know what you'd do with a share of Citigroup.

You'd get more for your money on the value menu at Taco Bell.

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