Street Sources Say Citi's (C) New Capital Infusion May Be $15 Billion

January 11, 2008 10:40 AM EST

Doug Kass, who has had several prescient calls over the past 6 months and is a must read, wrote on RealMoney today that he is hearing that that Citi (NYSE: C) may receive a $15 billion capital injection as early as today. He said this is not from a high level source, but this Citi capital infusion could happen today.

Citigroup is a diversified global financial services holding company whose businesses provide a range of financial services to consumer and corporate customers.

Jason Raznick


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