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View Full Version : Citigroup Unit Sold Foundry ‘Marked Cards’ Before Zloty Plunged - Bloomberg



NewsWhore
04-13-2009, 07:10 PM
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Citigroup Unit Sold Foundry ‘Marked Cards’ Before Zloty Plunged (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaT_NhTyiyo48%26refer%3Deurope&cid=0&ei=-cfjSdeLJYfGsgaUwKz7Bw&usg=AFQjCNFeApRGMjjnbzVILoIIoKalnr_Iaw)
Bloomberg
By Ewa Krukowska and Ben Sills April 14 (Bloomberg) -- Citigroup Inc.’s Polish unit and four other banks sold Leszek Walczyk a new currency hedge last July without explaining how much the value of the contracts could swing, he says. ...


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