US Govt Considering Taking up to 40 Percent of Citigroup's Stock

by Benjamin Domenech on 12:24 am February 23, 2009

Bank execs hope it’ll be closer to 25%, but few have illusions at this point. A fed takeover of Citi’s common stock has been proposed to regulators, but it’s unknown if the White House has a position or if the feds would exercise greater authority over the day-to-day operations. How’d the Expos do under Selig?

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