Structured Notes Under Attack

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Structured Notes Under Attack

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Dealers rushed to pull structured note issues last week after the Treasury Department and Internal Revenue Service a week ago Friday cast doubt over the tax treatment of a swathe of the notes.

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