Saturday, August 16, 2014

2,061 of Citigroup’s Subsidiaries Go Missing

By Pam Martens: August 11, 2014

Meet the new, slimmed down, less complex, more manageable Citigroup. Or not.

Figuring out what Citigroup owns and what it has sold is getting harder by the day as a vast number of its subsidiaries in the 160 countries in which it operates have up and vanished from its public filings but do not actually appear to have been sold in many cases.

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