12-07-2010, 12:53 AM
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Confirmed User
Industry Role:
Join Date: Aug 2005
Location: YUROP
Posts: 8,603
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Quote:
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The Treasury said its estimate of a cumulative $12 billion profit from the $45 billion bailout includes gains from the sale of common stock of around $6.85 billion, interest and dividends of $2.9 billion and $2.2 billion in Trust Preferred Securities it received for guarantees on a pool of Citigroup assets.
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Nice profit |
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