Citibank and the US Economy

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Citigroup said today it lost $10 billion in the last three months, the first time it has reported a loss since it was redesigned 10 years ago as a global "financial supermarket." Economist Peter Morici, a business professor at the University of Maryland, discusses the impact on the US economy.

Credits

Guest:
Peter Morici - University of Maryland - @pmorici1

Host:
Warren Olney

Producers:
Katie Cooper, Sonya Geis