Citi Posts Disappointing Earnings; Decrying and Defending Jamie Dimo...

Breaking News This Morning ... Citi Earnings: Citigroup's third-quarter earnings are out and the quick take is that results are disappointing, thanks to a slump in bond trading and a decline in mortgage revenue. "Third-quarter net income, adjusted for certain items, slipped to $3.26 billion, or $1.02 per share, from $3.27 billion, or $1.06 per share a year earlier," Reuters summarizes. "We performed relatively well in this challenging, uneven macro environment," CEO Michael Corbat said in…