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Citigroup (one of the biggest bailout recipients) reported a profit of $4.18bn in second-quarter.

Citigroup profits rise 42%. Chief executive Michael Corbat hails 'well-balanced' results as bank posts profit of $4.18bn in the second quarter of 2013.

The bank reported a profit of $4.18bn compared with $2.94bn in the period a year earlier. Revenue's at the nation's third-largest bank were up 12% compared to the same period last year at $20.5bn.

Citigroup received one of the biggest government bailouts following the credit crisis and struggled to refocus its sprawling business after the financial collapse.


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And they pay

no tax! Do you?