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Email Confirmation
Oct 17 2007
10:53AM
EDT
Citi-KKR: The Ouroboros is Go
Yes, folks, it's on: it's not just fantasy, but moving towards reality. Citigroup has a bunch of loans to KKR that it can't get off its books. So KKR is going to buy those loans, using $8 billion borrowed from – wait for it – Citigroup. You can't make this stuff up.
(Via Dealbreaker)
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