BUSINESS BEAT: As Citi grabs $20 bln US bailout, officials say Egypt operations unaffected

Wednesday, November 26, 2008
CAIRO: When it was announced this fall that venerable investment bank Lehman Brothers was going under, the parlor games began. Many wondered who would be next.Citi was an oft-discussed name but most experts contended that Citi was too much a behemoth to ever sink. Then last week rolled around, and doubts were renewed. Citi’s stock took a pummeling and many wondered whether the banking giant would survive.But this week, as it has done with several other firms since the summer, the US Federal...
Source: http://www.dailystaregypt.com/article.aspx?ArticleID=18079