Prince of the Citi
November 02, 2007
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Oh, but one report says
they're going to have to cut the dividend because the reserves are low,
which is what caused the sell off this morning anyway. I have a little
more sympathy for Prince than the Bear or Merrill crowd. His woes seem
to be stunning mediocrity rather than excessive faith in dubious
financial instruments. But a better guy, I think, would have left some
time ago.
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