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Beggars can't be choosers

27 November 2007 By Una Galani

The banking giant is having to pay the Abu Dhabi Investment Authority an 11% coupon to raise $7.5bn. But, at times like this, beggars can’t be choosers. Adia, meanwhile, is clearly hoping to repeat the trick of Prince AlWaleed, who made a fortune scooping up Citi stock during its 1991 troubles.

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