Citigroup, Inc. Acquisition Call Transcript [View article]
What does is say when Citi will in essence pay $12 million to the FDIC to cap losses of over 10% of the bad assets? Seems to imply that losses on these bad assets will be significantly greater than 10%. Has Citi recognized such losses on their current "bad" assets?
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Latest | Highest ratedCitigroup, Inc. Acquisition Call Transcript [View article]