WSJ Reports Citi and Government Approach New Agreement

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Citigroup

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economicdiscourse.com - 3/2/2009

WSJ Reports Citi and Government Approach New Agreement

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The foreign markets and futures have already began to sell off on the news, they must not like this "new plan" and neither do we. Although these are preliminary reports, it looks as if the government's conversion from preferred stock to common could be limited by private investor interest (which ...

online.wsj.com - 2/27/2009

U.S. to Take Big Citi Stake and Overhaul the Board

— online.wsj.com — [Citigroup Center in New York] Bloomberg News/Landov A pedestrian walks past the Citigroup Center in New York.... (more) U.S. to Take Big Citi Stake and Overhaul the Board

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nytimes.com - 2/27/2009

U.S. Agrees to Raise Its Stake in Citigroup

— nytimes.com — In its most daring bid yet to stabilize Citigroup , one of the nation’s largest and most... troubled financial institutions, the Treasury Department announced on Friday that it would vastly increase its ownership of the struggling company. After two ... (more) U.S. Agrees to Raise Its Stake in Citigroup

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Citigroup

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bloomberg.com - 2/28/2009

Citigroup’s Third U.S. Rescue May Not Be Its Last, Analysts Say

— bloomberg.com — Feb. 28 (Bloomberg) -- The U.S. government’s third attempt to help rescue Citigroup Inc. won’t stanch the... company’s losses , which will continue to swell and may lead the bank to require more money in coming months, analysts said. Yesterday’s action ... (more) Citigroup’s Third U.S. Rescue May Not Be Its Last, ...