January 15 2008: 6:45 AM EST
NEW YORK (CNNMoney.com) -- Citigroup delivered some of the worst quarterly results in the company's history Tuesday, reporting nearly a $10 billion loss that fell much further than Wall Street had anticipated.
The nation's largest bank also announced a bigger-than-expected writedown of $18.1 billion, a 40 percent cut in the company's dividend, and a $12.5 billion infusion from investors in Kuwait, Singapore and the state of New Jersey.
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