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12/02/07
Citi’s $41 Billion Issue: Should It Put CDOs On the Balance Sheet?
Filed under: General, Mortgages
Posted by: Lillian Wong @ 12:01 pm

A $41 billion question mark is hanging over Citigroup Inc. That is the amount, in a worst-case scenario, of potentially shaky securities the bank would need to bring onto its balance sheet. Citi has already taken billions of dollars of such securities onto its balance sheet and expects to take big write-downs on those holdings.  More…

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