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Not even in a footnote Everyone is talking about Parmalat and Eureka, except Citigroup

Little is known about the fate of the equity buyers in Eureka Securitization - though, through non-confirmable market buzz, it appears the Parmalat receivables have been written down to some extent, and that Citigroup Inc. does not intend to pass the loss on to the expected loss investors. Again,...

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