2 years, 11 months ago
Why are Citigroup's $300 billion in loans considered risky by the bankers?
In 2008, the government guaranteed $306 billion of Citigroup assets. The assets were mortgages and other assets. Other assets mean derivatives and Credit default swaps.
Will losses in these loans affect Citigroup or will the government insurance buffer against losses?
Will losses in these loans affect Citigroup or will the government insurance buffer against losses?
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M$1 Answer
Because they are loans from Citi to companies that are currently struggling in the recession.
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M$
In 2010, how many non-performing loans are impacting Citigroup?
How much are the companies struggling?
Are most of the companies with loans still profitable?