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Citigroup posts $5.1 billion loss: Citigroup Inc. said Friday it lost $5.1 billion during the first quarter as poor bets on mortgages and leveraged loans lopped billions of dollars from its investment portfolio.

Citigroup posts $5.1 billion loss

Citigroup Inc. said Friday it lost $5.1 billion during the first quarter as poor bets on mortgages and leveraged loans lopped billions of dollars from its investment portfolio.

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Lance wrote:
It would be amazing if any of the financial companies didn't post a loss.

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