Shadow Banking: 2,061 of Citigroup’s “Subsidiaries” Go Missing

Figuring out what Citigroup owns and what it has sold is getting harder by the day as a vast number of its subsidiaries in the 160 countries in which it operates have up and vanished from its public filings but do not actually appear to have been sold in many cases.

One can understand why the global bank’s Federal regulators have thrown up their hands in despair and sent it back to the drawing board on its capital plans and so-called “living will” measures to unwind itself should its future insolvency threaten the financial system as it did in 2008.
READ MORE: http://www.globalresearch.ca/shadow-bankings-2061-of-citigroups-subsidia...