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Citi To Resolve Hawaii's Losses From $1.1B ARS

By Jacqueline Bell ( November 24, 2010, 1:09 PM EST) -- Citigroup Global Markets Inc. has reached a resolution with Hawaii over the losses the state has sustained on $1.1 billion worth of auction rate securities investments, agreeing to buy back the state's remaining portfolio and to make up for any hits the state took on auction rate securities that have already been liquidated....

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