news.yahoo.com - 2/26/2009
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NEW YORK (Reuters) Citigroup Inc ( C .N) is closing in on an agreement to boost the U.S. government's stake in it to as much as 40 percent, the Wall Street Journal reported on its website, citing people familiar with the situation. A deal could be announced as soon as Thursday, it said. But a ...
prospect.org - 2/24/2009
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prospect.org —
The coverage of the negotiations over switching the
government's preferred shares in Citigroup to common shares has...
been awful. It treats this issue as a purely technical question. It isn't. It is a question about handing taxpayer dollars to ...
(more)
Why Doesn't the Government Own Citigroup Outright?
google.com - 2/23/2009
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google.com —
Citigroup Inc. (Citigroup) is a diversified global financial
services holding company whose businesses provide a range of...
financial services to consumer and corporate customers. Citigroup is a bank holding company. As of March 31, 2008, Citigroup was ...
(more)
C - Citigroup Inc.
- Google Finance
foreignpolicy.com - 2/21/2009
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foreignpolicy.com —
hat I remember most about my return to
Mexico last year are the narcomantas . At least...
that s what everyone called them: drug banners. Perhaps a dozen feet long and several feet high, they were hung in parks and plazas around Monterrey. Their messages ...
(more)
State of War
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Geithner: Nationalization Is "The Wrong Strategy," "Deeply Offended" By Banks
The Huffington Post | Full News Feed —
... Geithner, in his interview with Lehrer, also confronts the issue of nationalization. Since news broke that the government is nearing a deal to purchase shares in Citigroup totaling some $40 billion, the idea that American banks could be nationalized has become a hot-button issue. ...
Citigroup Nationalization Deal Could Come As Soon As Today: Wall Street Journal
The Huffington Post | Full News Feed —
... may take as much as 40% stake in Citigroup today:
Citigroup Inc. is closing in on an agreement to boost the federal government's stake in the company to as much as 40%, according to people familiar with the situation. A deal could be announced as soon as Thursday.
But a greater U.S. stake will bring a slew of new complications for executives of the New York company.
Read the rest from the WSJ (password required).
More from Reuters below:
Mexican law bars any institution more than 10 percent-owned ...
Citigroup Nationalization Deal Could Come As Soon As Today: Wall Street Journal
Politics on HuffingtonPost.com —
... may take as much as 40% stake in Citigroup today:
Citigroup Inc. is closing in on an agreement to boost the federal government's stake in the company to as much as 40%, according to people familiar with the situation. A deal could be announced as soon as Thursday.
But a greater U.S. stake will bring a slew of new complications for executives of the New York company.
Read the rest from the WSJ (password required).
More from Reuters below:
Mexican law bars any institution more than 10 ...
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