Citigroup’s options dwindle; shares plunge

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Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses.

CEO Vikram Pandit told managers earlier in the day he opposes breaking up the company, but the bank’s board of directors was meeting Friday to discuss whether to do exactly that, the Wall Street Journal reported.



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