Bloomberg's Cohan: Citigroup Job Cuts Unsurprising

Bloomberg's Cohan: Citigroup Job Cuts Unsurprising Play

Dec. 5 (Bloomberg) -- William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World" and a Bloomberg View columnist, talks about Citigroup Inc.'s announcement today that it will take a pretax charge of about $1 billion this quarter as part of a plan to eliminate more than 11,000 jobs. Cohan speaks with Betty Liu and Dominic Chu on Bloomberg Television's "In the Loop." (Cohan is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)

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