Harper: Cuts Only Way to Improve Citi Profitability

Harper: Cuts Only Way to Improve Citi Profitability Play

Dec. 5 (Bloomberg) -- Christine Harper, Bloomberg's chief financial correspondent, and Gregory Margolies, dead of capital markets group at Ares Management look at the actions behind Citigroup's announcement of 11,000 job cuts and a fourth-quarter charge of $1 billion. They speak on Bloomberg Television's "Market Makers."

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