Citi is on the hunt for more cash after posting a fourth quarter loss of from write downs of 9.83 billion. The Group stated that write downs could reach as much as 18.1 billion. Since the mortgage debacle, Citi has been looking for outside investors to throw cash at the banking giant. Recent investors include the Government of Singapore, Prince Alwaleed bin Talal of Saudi Arabia, and former CEO Sanford Weill and his family foundation. The company also announced that it could be cutting as many as 24,000 jobs as a result of the recent losses.

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