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posted by MediaMan vote down flag
marketnewslive.blogspot.com - 2/23/2009
Video - Report: Gov't could take a bigger chunk of Citi
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The Wall Street Journal, citing people familiar with the situation, said late Sunday that Citigroup Inc. is negotiating with authorities to increase the U.S. government's stake in the teetering lender to as much as 40 percent.
Citi Holds Talks With U.S. Over Bigger Ownership Stake
dealbook.blogs.nytimes.com - 2/23/2009
Citi Holds Talks With U.S. Over Bigger Ownership Stake
— dealbook.blogs.nytimes.com — From Eric Dash, a DealBook colleague: Citigroup officials are in active talks with federal regulators that could... result in the government owning a bigger chunk of the giant bank, a person close to the situation told DealBook. Citigroup officials ... (more) Citi Holds Talks With U.S. Over Bigger Ownership Stake

Comments vote down BloggingStocks found this 2/23/2009found this
optionarmageddon.ml-implode.com - 3/2/2009
The Citi Deal: This Changes Nothing
— optionarmageddon.ml-implode.com — Treasury and Citi announced their deal this morning by which the government and other preferred stockholders will... convert their shares to common equity. No more money is being spent by the government, but shareholders are having their stakes cut ... (more) The Citi Deal: This Changes Nothing

Comments vote down Decline and Fall of Western Civilization found this 3/2/2009found this
economicdiscourse.com - 2/23/2009
WSJ Reports the U.S. May Take A Substantial Stake In Citi
— economicdiscourse.com — Although much of this appears to be speculation, it looks as though the Obama administration is ready... to continue delivering adrenaline shots to keep Citi out of bankruptcy. The government is examining whether or not they will convert a large portion of their $45 billion investment in the bank ... (more) WSJ Reports the U.S. May Take A Substantial Stake In Citi

Comments vote down drewb612 drewb612 posted 2/23/2009posted this
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