"Citi ends its one-stop approach; Joint venture with Morgan Stanley helps company streamline and raises $2.7b in much-needed cash" by Associated Press | January 14, 2009
NEW YORK - .... Bank of America and JPMorgan Chase also took fewer risks than Citi took when it came to the now-failed investments in mortgage-backed securities, and so their losses were much less than the big financial supermarket suffered....
--more--"