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Tangible Common Equity, or TCE

Paddy Hirsch Mar 3, 2009
Whiteboard Tangible common equity Marketplace

Tangible Common Equity used to be an obscure and rarely-used accounting term. Today it’s one of the main motivators behind the government’s decision to turn the American taxpayer into one of Citigroup’s biggest stockholders. Senior Editor Paddy Hirsch explains.

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