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IPFS News Link • Economy - Economics USA

Citigroup has $134.8 billion in 'level 3' Assets

11-5-2007 • Calculated Risk

Level 3 assets are holdings that are so illiquid, or trade so infrequently, that they have no reliable price, so their valuations are based on the managements best guess.

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Citigroup has $134.8 billion in 'level 3' Assets

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