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Subprime Is Back In Fashion [Housing Tracker]SA Editor Judy Weil • Wed, Jul 30, 2008 -
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Subprime Is Back In Fashion [Housing Tracker]SA Editor Judy Weil • Wed, Jul 30, 2008
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- Monday, November 19, 2012, 4:20 AM Citigroup (C) agrees to pay $360M to Lehman Brothers' brokerage estate to settle a dispute over $1B in collateral that Citi forced Lehman to post in the days prior to its collapse in 2008. Citi will also give up a claim to $75M it paid the estate at the start of its liquidation. Separately, Citigroup reportedly intends to cut 300 sales and trading jobs around the world by the end of 2012. Comment! [Financials]
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