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DewDiligence

06/14/13 6:55 AM

#7197 RE: jbog #7196

CLF—Credit Suisse is backtracking and rationalizing today because CLF’s extended supply deal with Essar blows a hole in the bear thesis of CS’ 3/27/13 report (#msg-86169332), which asserted that CLF would suffer major erosion in its US iron-ore business.