by Calculated Risk on 7/20/2007 12:10:00 PM

On Wednesday, it was JPMorgan expressing concern about "hung" bridge loans. Today it is Citigroup.

From the WSJ: Citi May Be Stuck With Bridge Loans

Citigroup Inc. is bracing for the possibility that it will get stuck holding more leveraged loans for corporate buyouts ... On four deals in the second quarter, Citigroup was unable to sell debt to investors, leaving the world's biggest bank and its peers holding so-called bridge loans on their balance sheets, said CFO Gary Crittenden. ...

In the third quarter, Citigroup is likely to find itself in similar situations with other deals, which likely "will impact our revenue," Mr. Crittenden said in an interview. ...
...
Asked in the interview whether the Chrysler loan could get stuck on banks' balance sheets, Mr. Crittenden said he wouldn't comment on specific transactions. "But it's a question of pricing and terms generally...but we have the capacity along with many other syndicate partners to have that be on the balance sheet if that's the right decision at the time the deal needs to get done," he said.