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October 27, 2008 · 4:37AM

Goldman Sought Merger Talks With Citi

Goldman Sachs’ CEO Lloyd Blankfein reportedly contacted Citigroup’s CEO Vikram Pandit in September to discuss a potential merger at the suggestion of U.S. regulators.  Pandit immediately rejected the proposition, which came days after Goldman received federal approval to convert into a commercial bank. (FT)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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