CITI SLUMPS - AT 3:08 P.M. ET: 

March 5 (Bloomberg) -- Citigroup Inc., once the world’s biggest bank by market value, dropped below $1 in New York trading for the first time as investors lose confidence the shares can recover after more than $37.5 billion in losses and a government rescue.

COMMENT:  I do my basic banking at Citi.  Next time I'm at my branch I'll remember to drop a few coins in the "something for the executives" box at the door.

March 5, 2009