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Oxdown Gazette » Terms of the Citigroup bailout

Firedoglake found this 12/3/2008 on oxdown.firedoglake.com

On November 23, 2008 , the Fed with participation by the Treasury and FDIC announced a rescue plan for what has been the nation’s largest banking concern Citigroup. The company has seen a drop in its share price in the last year from a high of $57.40 to a low of $2.91. Part of this reflects bad ...