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To those who commented about Citi also benefiting from the tax break:
Oct 08 21:06 pm
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All Comments by Vikram Saxena »The Duplicitous Sheila Bair [View article]
(1) It only applies if companies are bought as a whole not the case in Citi's offere.
(2) Citi does not have a lot of profits to write-off the losses again :(.