News Roundup
-Citigroup has announced a new write down of 18.1 billion dollar
-Wholesale prices up 6.3 percent at the fastest pace in 26 years.
-Retail sales actually dropped .4 percent, meaning it is contracting
-Citigroup and Merrill sold stakes of themselves to Kuwait and Saudi Arabia otherwise they would of gone bankrupts.
-Citigroup now is officially operating at a loss.
-Bomb blast at US Embassy in Beirut kills 3
