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Loan Modification

: Mortgage Lender Implode-o-Meter

Citigroup Gets Deferred Tax Assets On Government Share Buyback

By Implode-Explode Heavy Industries

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``A WaPo story today notes that the government?s promise to sell its stake in Citigroup?s common shares would have qualified as an ?ownership change,? forcing the bank to reduce the value of its deferred tax assets.* But the IRS said not to worry about it?''

Full post as published by Mortgage Lender Implode-o-Meter on December 16, 2009 (boomark / email).

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