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    Citibank Gets Cash Infusion, But Cuts Many Jobs
    Description
    Citigroup got $12.5 billion in cash from investors as it posted its first quarterly loss in 16 years in the fourth quarter, when the bank's mortgage portfolio lost $18.1 billion in value. CBS 2's Jim Rosenfield reports.
    Citigroup got $12.5 billion in cash from investors as it posted its first quarterly loss in 16 years... More
    Channel:WCBS New York
    2005 CBS Broadcasting, Inc.
    Rating:
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