Citigroup posts loss of $7.6 billion in last three months of 2009

By Zachary A. Goldfarb

Washington Post Staff Writer

Wednesday, January 20, 2010

The bailed-out banking giant Citigroup lost $7.6 billion in the final three months of last year, underscoring the firm's continuing troubles with bad mortgages and credit card loans as it tries to wrest itself from the hands of taxpayers.
The loss pushed the bank into the red for the full year and solidified its standing as one of the largest and most wounded firms to survive the financial crisis...