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To: John McCarthy who wrote (71706)11/26/2007 10:14:22 PM
From: John McCarthy  Respond to of 116555
 
>>>>>>>>>>>>>>>>>>>>>>>
Citigroup was a leader in packaging

mortgage,
credit card
and other loans
into securities known by names such as collateralized debt obligations, or CDOs, and then selling them to investors.

The explosive growth of these securities since 2000 helped finance the housing boom.
>>>>>>>>>>>>>>>>>>>>>>>

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