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Be Your Own Counterfeiter
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Being Tim Geithner
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Notes From a Press Conference Naif
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What Good is the News?
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Stressful Enough
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Not Regretting the Pound
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Introducing the New Ford Squeeze
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Non-Economic Questions of the Day
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The Stress Test Blind Alley
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Happy Hour
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Recovery Without Rebalancing
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The Shape of Your Recession
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May 09 2008 12:00am EDT
Citibank Germany: For the Chop?
Apparently Citigroup is considering selling off as much as $400 billion in "non-core assets", including its retail banking operations in Germany.
Is Citibank Germany really non-core? It would seem so. I bank with Citi in the US, and on Wednesday I used my ATM card to withdraw some euros from the Citibank on Friedrichstrasse in Berlin. The transaction has now appeared on my online banking statement. As a "NONCITIBANK ATM WITHDRAWAL".
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