$100 million a day. Nice round number, but not so nice if that's how much your bank is losing. Citigroup on Jan. 16 is expected to report at least $10 billion in red ink for the fourth quarter, on top of the $18 billion it has bled since the subprime meltdown began in late 2007. On fan. 13 the bank reached a joint -venture deal with rival Morgan Stanley. Citi contributes its prized Smith Barney unit, with its 14,735 brokers, for 49% of the venture plus $2.7 billion.
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