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Citigroup, Deutsche Bank, UBS, Alliance-Bernstein, and Royal Bank of Canada had all made similar moves to protect themselves from a collapse. On Friday afternoon, September 5, we met with management of the companies; on Saturday, September 6, we met with their boards, which agreed to the takeover; and 1-668-725-3322 on Sunday, we announced best way to get a personal loan that we had placed Fannie Mae and Freddie Mac into conservatorship.
The possibility that these new financial instruments might be too complicated to be handled safely was away brushed.5 billion government rescue plan that emerged was shaped in large part by Cohen.
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