Citigroup plans to shed about $400 billion of assets (update6)

By Josh Fineman May 9 (Bloomberg) -- Citigroup Inc. Chief Executive Officer Vikram Pandit plans to get rid of about $400 billion of assets over the next three years as he starts to whittle away at the company built by Sanford ``Sandy' Weill.Citi Shedding $400 Billion in Businesses TheStreet.comCitigroup to shed more than $400 billion CNNMoney.comMarketWatch - Forbes - The Associated Press - 13WHAM-TV