Citigroup $7.5B Sale to Abu Dhabi Raises Concerns

http://www.foxbusiness.com/markets/indu ... 762_9.html

Ken Sweet
FOXBusiness


SmarTrend(R) Market Wrap-Up -- November 27, 2007
SmarTrend(R) MidDay Market Recap -- November 27, 2007


The good news for Citigroup is that it just got a $7.5 billion extension on its credit card. The bad news is that it comes with an 11% interest rate.


Middle Eastern investment firm Abu Dhabi Investment Management's $7.5 billion investment in Citigroup (C: 30.26, +0.46, +1.54%), the world’s largest bank, underscores how sick Citigroup is, some analysts and investors said Tuesday.

“Citi’s situation is becoming almost comical,â€