Wednesday, May 6, 2009

More Pain For The St. Sebastians Still In The Citi Arb

The illegal leaks (hey SEC, just which secret regulation is the Fed and other agencies following when they keep leaking stress test results every five minutes to the MSM, it sure ain't Reg FD) are squeezing (no pun intended) more tears of pain from the unlucky few who have still not unwound the Citi common-preferred trade.

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