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Posts Tagged ‘ structured investment vehicle ’

Hot Stocks: Citigroup (C) to Buy Back Billions in SIV Assets

Nov 20th, 2008 | By William Patalon III | Category: Financial News

Embattled U.S. banking giant Citigroup Inc. (C) has agreed to buy back $17.4 billion of assets remaining in a series of funds known as structured investment vehicles, or SIVs, after it previously agreed to guarantee the liabilities in those funds.