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Business news for Mon, 10 Dec 2007 & with words jpmorgan+write-downs. 1 news.

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washingtonpost.com - industries
NEW YORK (Reuters) - It could take Citigroup (C.N) nearly three years to recoup losses on any further substantial write-downs of its collateralized debt obligations, a scenario analysts at CreditSights Inc. say could spark a takeover by smaller rival JPMorgan Chase & Co (JPM.N).