1、CITIANNUAL REPORT2008DEAR FELLOW SHAREHOLDERS,For a little more than a year,I have had the honor of leading Citi through some of the mostchallenging circumstances in its long history.I m acutely aware of the responsibility youourownershave placed on me and the Citi leadership team,and I can assure y
2、ou,we are committedto restoring Citi to profitability as quickly as possible.I recognize the tremendous loss of value you and your fellow Citi shareholders have endured overthe past months.My commitment to you is to rebuild value with all the energy and urgency that thetimes demand.I am equally sens
3、itive to the enormous financial pressures that homeowners and consumers areunder.Too many hard-working people find themselves in financial straits they never thoughtpossible.At Citi,we are committed to helping those in urgent need and participating in industryreforms that will enable the financial s
4、ystem to recover its strength and health.I m mindful also of the investment made in Citi by the U.S.government and American taxpayers.Ourcommitment to them is to work with the Administration and our regulators to address the nation seconomic priorities and to do all we can to speed the recovery of o
5、ur markets.More than ever,we are committed to helping our clients and customers navigate these markets.Even in the face of extreme uncertainty,Citi s goal every day is to drive their success.Finally,we are also committed to creating a strong company where employeesthe people ofCiticontinue to have o
6、pportunities to learn as well as the resources necessary to driveperformance.Our teams are working together to ensure that the turnaround we all anticipatehappens quickly.Fulfilling all of these commitments would be ambitious even in the best of times.But history showsthat Citi is at its best when c