Automated Trader News Articles - Citi Algorithms Now Available through the Lava Sellside Product Suite

Frank, Kashkari sitdown on Thursday re TARP
::
Chairman Frank Says Congress Would Reject 2nd Part of $700 Billion Bailout If Vote Held Today
::
GM turned down Chrysler merger because market dropped, merger costs, public funding might have been available
::
Nardelli - defending Cerbeus interest in Chrysler
::
Chrysler CEO Nardelli - private equity is not a few rich guys taking over a company
::
GM Stock Declining To Session Lows During Senate Bailout Hearing
::
Canada's New Toyota Plant Will Create 1200 Auto Jobs
::
Shumer-Congress Realizes Letting Big 3 Fail 'Catastrophic"
::
Chrysler Needs $4 bln To Get Through March 31-CEO Nardelli
::
Big 3 All Support Oversight Board In Loan Program
::
March 31 Can Be a Deadline for Showing Progress with Bailout Money--Nardelli
::
Fed Expected To Reject Auto Bailout-WSJ
::
GM head - significant amount of CDS written against GM paper that would be triggered should GM declare bankruptcy
::
Nardelli - talking balance sheet concesssions in effort to get "bridge loan"
::
Redbook SSI Index - only positive gains - Discount Stores up 0.2% in November
::
Redbook details - Apparel index down 9% in Nov, Department Stores down 13.6%
::
Redbook SSI - 22.5% retailers posted positive comps, 72.5% posted Negative Comps
::
Citadel Lost 13% in November, 47% YTD --WSJ
::
Crude Falls Below $44 Handle
::
Freddie: US 1yr TSY-Indexed Hybrid ARMs Averaged 5.02% Last Week (5.18% Prior)
::

April 19, 2007 - Citi today announced it will make its state-of-the-art equity algorithms available to the sellside through its Lava sellside product. The Lava suite of high-performance trading solutions is widely used by the financial services industry.