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ComMITTed to Romney: Citigroup In Partial Takeover of Wachovia, FDIC to Share in Loan Losses, Dow Futures Down 162

Breaking news on CNBC’s Squawkbox this AM, Citigroup has taken over part of Wachovia’s operations and they and the FDIC will share in some of Wachovia’s loan losses. The Dow futures are down 162 and the banking crisis has spread overseas, with a big British bank having been nationa... (original story)


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