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Old 02-23-2009, 12:21 PM
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Post US Government may increase stake in troubled Citigroup

According to the Wall Street Journal, the US Government is in talks with Citigroup to increase its stake in the struggling bank. Shares in Citigroup plummeted for a sixth consecutive session last Friday amid speculation that it would have to be nationalised in order to survive. It is believed that the Government could end up owning [...]

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Old 02-24-2009, 07:07 AM
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Default Re: US Government may increase stake in troubled Citigroup

To me it's disaster. Creating government's share in banking system is the worst decision to be made. I hope that this "increase in stake" will be done by preferred stock and not by common stock.
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Old 02-24-2009, 04:36 PM
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Default Re: US Government may increase stake in troubled Citigroup

Why our goverment always try to make something from the b...d to the head or allover, Its time to open eyes and checking brains for a good team work!
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