Published 11/24/2008
by bernhard.warner
at The Big Money
Following round-the-clock weekend negotiations, the federal government late on Sunday agreed to bail out yet another bank, this time giving the troubled Citigroup a $20 billion lifeline in the form of a direct investment and guaranteeing $306 billion worth of its shaky assets, The Wall Street Journal , New York Times , Financial Times and others lead off their business coverage today.
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