<p>Today the largest U.S. bank, Citigroup Inc.,&nbsp; announced a $5.1 billion loss and 9,000 layoffs. It’s tough news for a company whose chairman of the executive committee, former Treasury Secretary Robert E. Rubin, is often credited for crafting the financial boom of the 1990s. The Washington Independent’s finance reporter Mary Kane <a href="http://www.washingtonindependent.com/view/credit-crisis-not">predicted</a> problems for Citigroup on Monday, lumping the mega lender in with other &quot;anemic&quot; banks like Wahcovia Corp. that keep reaching for external funds to help prop themselves up.&nbsp; Headlines across the country today reported Citigroup’s losses, but at first glance the problem reads like an isolated issue, rather than part of the larger credit crisis.<br />

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Here’s our latest installment of &quot;State of Play,&quot; a look at how a top story of the day is playing around the Web and in print:<br />

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<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/04/18/AR2008041800697.html?hpid=topnews">Citigroup Posts $5.1B Loss Due to Hefty Write-Downs</a>&nbsp;(Washington Post)<br />

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<a href="http://www.nytimes.com/2008/04/18/business/18cnd-citi.html?ref=business"> Citigroup Records a Loss and Plans 9,000 Layoffs</a>&nbsp;(The New York Times)</p>

<p><a href="http://www.usatoday.com/money/companies/earnings/2008-04-18-citigroup_N.htm"> Citigroup Loses $5.1B, Will Cut 9,000 Jobs</a> (USA Today) <br />

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<a href="http://www.newsweek.com/id/132652">Citigroup Reports $5.1 Billion Loss on Hefty Write-Downs: Citi Posts Another Loss on Soured Debt, but Wall Street Relieved it’s Not Worse&nbsp;</a>(Newsweek)</p>

<p><a href="http://money.cnn.com/2008/04/18/news/companies/citigroup/index.htm?cnn=yes">Citi Posts Loss, Cuts 9,000 More Jobs: Financial Services Giant Records $5.1 Billion Loss and More Than $13 Billion in Writedowns and Says It Will Eliminate More Positions</a>&nbsp;(CNN)</p>

<p><a href="http://www.cbsnews.com/stories/2008/04/18/ap/business/main4026101.shtml?source=search_story ">Citigroup Posts $5.1 Billion Loss Due to Hefty Write-Downs: Citigroup Reports Another Quarterly Loss After Getting Slammed by Souring Debt&nbsp;</a>(CBS)&nbsp;</p>

<p><a href="http://www.nypost.com/seven/04182008/business/pandit_plans_to_cut_costs_20__at_citi_107049.htm">Pandit Plans To Cut Costs 20% At Cit</a>i (The New York Post)<br />

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<a href="http://online.wsj.com/article/SB120849956809125759.html?mod=us_business_whats_news"> Citigroup Swings to Loss On Hefty Write-Downs</a> (The Wall Street Journal)<br />

<a href="http://www.chicagotribune.com/business/sns-ap-earns-citigroup,0,6162964.story"><br />

Citigroup Reports $5.1 Billion Loss on Hefty Write-Downs</a> (Chicago Tribune)<br />

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<a href="http://www.npr.org/templates/story/story.php?storyId=89749965"> Citigroup Reports $5.1 Billion Loss on Hefty Write-Downs </a>(NPR)<br />

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<a href="http://www.msnbc.msn.com/id/24196045"> Citigroup to Cut 9,000 Jobs: Bank Loses $5.1 Billion in First Quarter</a> (MSNBC)<br />

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<a href="http://www.foxbusiness.com/article/att-slice-15-work-force-374m-charge_568894_1.html"> At&amp;T to Slice 1.5% of Work Force; Take $374M Charge</a> (FOX)</p>

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