| Eugene David ...The One-Minute Pundit |
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Monday, October 01, 2007
Good news:
Citigroup Inc said Monday it expects third-quarter profit to fall 60% from last year after huge write-downs for unsold debt it issued to finance corporate takeovers and big losses on the value of subprime mortgage-backed securities. I guess today will be a HAP-PY day on Wall Street!
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