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Reuters: Citigroup splits in two, B of A gets government aid

Started by chris, January 16, 2009, 08:59:17 PM

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chris

Citigroup splits in two, B of A gets government aid
      


NEW YORK (Reuters) - Citigroup Inc plans to split into two units and Bank of America Corp took $20 billion in government aid after the two banks suffered huge quarterly losses from the worsening credit crisis.<div class="feedflare">
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