Citi Leads Most Active (C)

Posted in pre-market 
August 13th, 2009

Citigroup Inc. (NYSE: C) may not seem much of an endorsement but is reportedly being forced by regulators to hire outside consultants to evaluate whether current management is capable of rebuilding the firm.  The bank will have to present a plan of possible management changes by Q3. Shares are up over 3% at $4.10 premarket at 8:37 AM EST but we have already crossed the 20 million share level. -JON OGG

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