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The Five Dumbest Things on Wall Street This Week

Stock quotes in this article: ACXM , NTRI , BSC , EBAY , C , LEH , GOOG  

1. Dancing Fool

Citi (C Quote) showed off some fancy footwork this week.

The New York banking giant warned Monday that third-quarter earnings will fall 60% from a year ago. Profit will be weighed down by rising credit costs and charges tied to this summer's credit crunch. Citi took writedowns exceeding $3 billion on its leveraged-buyout, subprime-mortgage and bond-trading positions.

"Our expected third-quarter results," CEO Chuck Prince said Monday, "are a clear disappointment." ...

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