Whoa: Citigroup Falls to Lowest Since 1998 as Analysts Project Loss (Bloomberg).
I'm not sure what it means to party like it's 1998 (something involving the World Wide Web and the Backstreet Boys?), but the 1998 collapse of Long Term Capital Management, a huge, highly-leveraged hedge fund, was thought to pose a systemic threat to world financial markets and spurred a bailout of LTCM's creditors by the central planners at the Fed.
