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Corrections & Clarifications
Posted on February 18, 2009
"Debt Is Hobbling Europe Inc." (News, Feb. 23, 2009)"Debt Is Hobbling Europe Inc." (News, Feb. 23) stated that London-based private equity group 3i took a $942 million writedown on Jan. 28. The decline was accounted for as a "movement in valuations," not a writedown.
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