Inside Dope on Citi's $12 Billion Levergared Loan Sale
Read the full article: http://www.money-rx.com/blog/2008/04/citi-unloads-12-billion...
Citigroup to sell $12 billion worth of leveraged loans to buyout firms including Apollo Group, TPG and Blackstone Group. Only problem is, some of these loans came into Citi when they financed bum deals by firms like TPG. So Citi got cleaned out coming and going.
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