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Loan Modification

: Mortgage Lender Implode-o-Meter

Citi Is Said to Require New Capital

By Implode-Explode Heavy Industries

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"Citigroup is locked in negotiations with federal regulators over whether it needs to raise as much as $10 billion in fresh capital as a result of the government?s stress test of its financial health, according to a person briefed on the situation."

Full post as published by Mortgage Lender Implode-o-Meter on May 02, 2009 (boomark / email).

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