Citi to take $49 bln in SIVs onto balance sheet (Reuters)
By etrader on December 13, 2007 at 6:21 pm in Online Trading
Citigroup plans to rescue $49 billion of structured investment vehicles in a move that further strains the biggest U.S. banking group’s capital levels and may scupper a U.S. government-endorsed SIV bailout plan.
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