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Mohit on money and banking
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    0 starsmohit | Shared With: Everyone - Dec 01 2007 | news, money, business, Citigroup, banking
    Citi of Arabia - WSJ.com

    Interesting editorial on the Citigroup deal from the normally free-market Journal.

    Quoted: Investors seem delighted that Abu Dhabi is injecting $7.5 billion into Citigroup, bidding up stocks in general on new confidence that the mortgage solvency crisis might ease. We hate to spoil the party, but it strikes us as unfortunate, if not a tragedy

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