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	<title>Comments on: Deutsche Bank&#8217;s Michael Mayo: Citi May Write Off Another $8 Billion</title>
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	<link>http://www.nakedcapitalism.com/2008/07/dueutschebanks-michael-mayo-citi-may.html</link>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2008/07/dueutschebanks-michael-mayo-citi-may.html#comment-12232</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 29 Jul 2008 14:29:00 +0000</pubDate>
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		<description>MER also is liable for all losses below the 75% financing level on the assets it &#039;sold.&#039;  So sure, they sold assets.  Then they sold a put struck at 75% of the selling price.  And then they paid the Piper for the &#039;ratchet&#039; provision. Classy.</description>
		<content:encoded><![CDATA[<p>MER also is liable for all losses below the 75% financing level on the assets it &#8217;sold.&#8217;  So sure, they sold assets.  Then they sold a put struck at 75% of the selling price.  And then they paid the Piper for the &#8216;ratchet&#8217; provision. Classy.</p>
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		<title>By: Anonymous</title>
		<link>http://www.nakedcapitalism.com/2008/07/dueutschebanks-michael-mayo-citi-may.html#comment-12230</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 29 Jul 2008 13:54:00 +0000</pubDate>
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		<description>Apologies in advance for O.T.  2 AIG directors resign &lt;br/&gt;immediately within past ten days.  Stock looks particularly sick.  Any thoughts?</description>
		<content:encoded><![CDATA[<p>Apologies in advance for O.T.  2 AIG directors resign <br />immediately within past ten days.  Stock looks particularly sick.  Any thoughts?</p>
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