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H and R Block

Friday May 9

Financial Stocks: Citi's Pandit breaks out the scalpel; AIG loses nearly $8 billion

“These reductions will release capital that we could use in our other businesses”

Financials stocks were mixed Friday afternoon as investors and analysts focused squarely on Citigroup Inc.'s much-anticipated next steps for turning the troubled Wall Street icon around. via MarketWatch

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