The shrinking of Citigroup

Wednesday, January 14, 2009

Despite a massive bailout back in November, giant financial services conglomerate Citigroup is considering radical measures to save itself. The company is likely to sell off its brokerage unit to Morgan Stanley, and may shed other parts of its business as well. Newsweek Senior Editor Dan Gross joins us with a look at what the shrinking of Citigroup says about our economy now and in the future.

Guests:

Daniel Gross

Contributors:

Katherine Lanpher and Nadia Zonis

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