Citi has struggled more than other major banks to fill a capital hole left by the deteriorating value of assets on its balance sheet and mounting loan losses.
David Beckham, the chief breadwinner in the family, is remarkable in that his celebrity value remains high beyond an age when a sportsman is reckoned to be selling his deteriorating value.
Central bank officials said last week that sluggish consumer spending and private investment, rising oil prices and the deteriorating value of the baht endangered the country's recovery from a two-year recession that began in 1997.
The bank had previously tried to conceal the deteriorating value of its holdings by improper accounting practices, the shareholders contended in an amended complaint filed in December 2008.
The investment, agreed to by senior management in a matter of days, is needed to help UBS digest about $15 billion of write-downs related to the deteriorating value of some of its subprime-linked holdings.
The deteriorating value of ITV's pension asset portfolio resulted in the company last August pledging to inject £30m a year for five years from 2009 into servicing its payments to existing pensioners, forcing the broadcaster to make a 50% cut in its interim dividend to balance the move.
The big disappoint for the market on Wednesday wasn't just that ING's 71 million euro ($100 million) net profit significantly missed forecasts, but that it also lost 584 million euros ($826 million) on the deteriorating value of its property assets.
Sounding like William Bennett, he declared, "We have to ask ourselves in 1992 whether this social disintegration is merely a symptom of deteriorating values that has swept all of this country to some degree.
On Thursday, the company's former financing division GMAC reported a foreboding $2.5 billion deficit, citing deteriorating values of sport-utility vehicles and trucks as soaring gas prices made smaller, fuel-efficient cars more appealing to consumers.
