From marketwatch.com
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Vikram Pandit
Citigroup Inc. named former Morgan Stanley President Vikram Pandit as chief executive officer to help the largest US bank recover from serious financial problems.
SAN FRANCISCO (MarketWatch) -- Paulson & Co., one of the world's largest hedge fund firms, held 300 million shares of Citigroup Inc. at the end of September, according to a regulatory filing late Friday. Three months earlier, the firm had no stake in the financial-services giant. Paulson's Citi stake was valued at $1.45 billion on Sept. 30, according to the filing. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets...
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