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Showing posts with label citigoup. Show all posts
Showing posts with label citigoup. Show all posts

Sunday, March 1, 2009

Citi Thrown Another Lifeline

The Treasury Department hopes the third time is a charm, confirming Friday that Citigroup will convert $25 billion of prior taxpayer bailout money into active shares in the troubled banking firm. That means taxpayers could soon have a...

Read more Life or death for Citi

Source: Miami herald