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Citi, Goldman Mortgage Bond Traders Leave
The heads of commercial mortgage bond trading for Citigroup Inc. (C) and Goldman Sachs Group Inc. (GS) have left the firms this week as the market is roiled by sovereign debt crises and new deals are cut back or put on hold.
Reid to Move on Defeating House Debt Plan Tonight
Senate Majority Leader Harry Reid said he will move tonight to kill House Speaker John Boehner’s debt-ceiling proposal, paving the way for Senate votes this weekend on a possible compromise.
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