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Wednesday, February 24, 2010

Hands' Skin

DIRE STRAITS FOR EMI: Guy Hands has until late May to come with the $189 million payment to Citigroup or default on the loan and lose EMI. Will he or won’t he write the check, and how much skin does Citi have in the game, considering the lender already wrote off a sizable position of its $2.6 billion loan to Terra Firma during the Obama bailout? (2/24p)

 
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