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| Permalink View Article Stats (1 comment) Promoted to Headline (H3) on 3/27/10: U.S. take = $8 billion - WaPo Quicklink submitted by Richmond Shreve (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| [Citi] is about to pay a king's ransom for its federal rescue. The Obama administration is making final preparations to sell its stake in the New York bank, according to industry and federal sources. At today's prices, the sale would net more than $8 billion, by far the largest profit returned from any firm that accepted bailout funds, and the transaction would be the second-largest stock sale in history.' -- David Cho, WaPo |
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