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IPFS News Link • Economy - Economics USA

Question of Solvency at Citigroup

11-1-2007 • MISH: Global Economic Analysis

Financials took a big hit one day after a 1/4 point cut by the Fed. Analysts blamed the collapse on a possible dividend cut at Citigroup. Analyst Richard Bove looked at Citi's assets and said solvency is not the issue. However, Bove ignored the l

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Reported By Mike Shedlock

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