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Bases Quote by Vikram Pandit

“What went wrong is we had tremendous concentration in the…” quote by Vikram Pandit
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“What went wrong is we had tremendous concentration in the sense we put a lot of our money to work against U.S. real estate. We got here by lending money, and putting money to work in the U.S. real estate market, in a size that was probably larger than what we ought to have done on a diversification basis.”

Vikram Pandit

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