Nov 3, 2007

Citi: "SIV accounting is proper"

Citi is confident that its SIV accounting is proper and in thorough accordance with all applicable rules and regulations.

~ Christina Pretto, a bank spokeswoman, Citigroup, "Citigroup CEO Plans to ResignAs Losses Grow," The Wall Street Journal, November 3, 2007, by Robin Sidel, Monica Langley and Gregory Zuckerman

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