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Italian Court Clears 4 Banks Over Parmalat Collapse

By Ian Thoms (April 18, 2011, 3:12 PM EDT) -- An Italian court on Monday cleared Citigroup Inc., Morgan Stanley, Deutsche Bank AG and Bank of America Corp. of charges that they helped dairy giant Parmalat Finanziaria SpA hide debt from investors in a massive criminal fraud that caused the company's demise....

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