Citigroup Facing $7 Billion Currency Hit on Dollar, Peabody Says

$7 billion is a decent hit to Citigroup if this comes true. However, from the article it says that last time he projected $3-$5 billion and they had a $1.6 billion loss instead. So we’ll see… Could be time to think about going short on C.
 
Quote from JaiSreeram:

… Could be time to think about going short on C.
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don't you love traders? lol
Possible bad news and the vautours are circling.
I will join in. :D
 
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