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Selling In Citi (C) Picks Up Again, Stock Below $4

November 21, 2008 10:06 AM EST
After trading higher this morning, the immense selling pressure has again hit Citi (NYSE: C) and the stock is now down another 15% and below the $4 level.

Citi's CEO Vikram Pandit said he has no plans to break-up the company, refuting earlier reports the board was considering such a move to stop the slide in the stock.

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