Citigroup: FASB Change No Impact On Financial Statements
Date : 04/02/2009 @ 3:49PM
Source : Dow Jones News
Stock : Citigroup Inc. (C)
Quote : 26.92  -0.87 (-3.13%) @ 5:38PM
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Citigroup: FASB Change No Impact On Financial Statements

Citigroup, Inc. (NYSE:C)
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Citigoup Inc. (C) said in a statement Thursday that it believes "that FASB's decisions today on fair value accounting (FSP FAS 157-e) will have no impact on Citigroup's financial statements or our existing practices for determining fair values."

-By Matthias Rieker, Dow Jones Newswires; 201-938-5936; matthias.rieker@dowjones.com


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