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This excerpt taken from the C 8-K filed Oct 13, 2009. Trading
PurposesCustomer Needs Citigroup offers its customers derivatives in
connection with their risk-management actions to transfer, modify or reduce
their interest rate, foreign exchange and other market/credit risks or for
their own trading purposes. As part of this process, Citigroup considers the
customers suitability for the risk involved, and the business purpose for the
transaction. Citigroup also manages its derivative-risk positions through
offsetting trade activities, controls focused on price verification, and daily
reporting of positions to senior managers.
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