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Wall Street Roundup: Buffett's bargain. Showdown in D.C.

April 26, 2010 |  8:03 am

Financial reform showdown.The Senate is preparing for a vote at 5 p.m. today to open debate on the massive financial reform bill.

Buffett's bargain. The derivatives legislation moving through Congress was tweaked to benefit Warren Buffett, the Wall Street Journal reports.

Gearing up for Goldman. Washington and Wall Street are gearing up for Tuesday's congressional hearing in which Goldman Sachs executives will testify, after a weekend in which both sides released inside e-mails to bolster their cases.

Leaving the Citi. The Treasury Department is preparing to take another big step in exiting its ownership of Citigroup, preparing to sell the 1.5 billion common shares it holds in the bank.

CDOs and S&M. The New York Times found  participants in a derivatives conference blowing off steam at a themed strip club in San Francisco. 

-- Nathaniel Popper in New York

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