Citigroup's 2Q Profit Misses EstimatesMon 8:15AM ET - AP
Citigroup Inc., the nation's largest financial institution, reported second-quarter profits below Wall Street's expectations Monday as a result of what CEO Charles Prince called "challenging conditions," including a tough bond market and an interest rate squeeze.
**Enquiring minds think, if this can happen to behemoth Citi, and we heard about VEGA Hedge Fund blowup, what else lurks out there?
Now C missed estimates, but did NOT warn.
Duratek unravel it will I say.
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