Citi has many bad loans BOA on the other hand

来源: xyz2001 于 2008-01-24 07:51:16 [] [旧帖] [给我悄悄话] 阅读数 : 0 (272 bytes)

got privilage from government by acquiring CFC to avoic CFC bankruiptcy.

The deal helped BOA in a much good position compared with C. Citi got no any benenfit except all bad loans after acquired Providence Fundings (a bank specialized in high risk home mortgage).

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