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Children in the Candy Store
The bad news keeps piling in: $150 billion commitment to a non-bank, AIG GE Capital (which is not a bank) gets FDIC Insurance backup for $139 billion American Express and CIT Group are now banks – I...
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The Shroud of Citigroup
Image courtesy of flickr/Bill Barfield It wasn’t that long ago that Citigroup was considered a “good” bank. Remember October 1, 2008? Citigroup announced it was acquiring Wachovia with the help of...
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