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NEW YORK (Menafn - MarketWatch) -- Citigroup said that it lost $1.4 billion in the third quarter from credit card securitizations and that it expects such losses will continue, possibly reaching record levels in 2009. The result compared to a gain of ...
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General Growth Properties the second-largest U.S. shopping mall owner, had its worst trading day ever yesterday after saying it may seek creditor protection if plans to refinance $958 million in debt do not succeed the Washington Post reported. They own Piedmont Mall.
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