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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: stockfiend who wrote (87287)9/29/2008 7:02:48 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
I am not surprised. I was wondering how Citi can afford to do that<g> since Citi itself does not have much of clean equity. They have plenty money trapped in LEH bond



To: stockfiend who wrote (87287)9/30/2008 1:25:00 AM
From: Sr K  Read Replies (2) | Respond to of 116555
 
>>Citi's takeover of Wachovia? The FDIC is insuring $312 billion of Wachovia's bad assets<<

can you give a link for this?

I don't think so.

Deposits are liabilities.

The FDIC would never insure assets bad or good.


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