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Citigroup Nationalization

Citi Said To Have Paid $13 Million To Brokers After Cancelling Corporate Trips, Perks

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

According to Bloomberg, Citigroup paid 1,900 insurance brokers at its Primerica Financial Services unit a total of $5,000 each after it scrapped a tri...

Citigroup CFO Crittenden: "Appreciative" Of 36% Gov Stake, Will Keep Naming Deal With Mets

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

CNBC spoke an interview with Citigroup CFO Gary Crittenden this morning. Among the highlights: Crittenden tells CNBC anchor Erin Burnett that the b...

Citigroup, Gov Reach Deal For Up To 36% Stake

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The U.S. government will exchange up to $25 billion in emergency bailout money it provided Citigroup Inc. for as much as a 36 perce...

Citigroup-Government Stake Deal Could Come As Soon As Today: Wall Street Journal

Wall Street Journal | Posted 05.25.2011 | Business

The Wall Street Journal is reporting that the government may take as much as a 40% stake in Citigroup today: Citigroup Inc. is closing in on an agree...

Citigroup Nationalization: Market Reacts To Talks Of 40% Gov Stake

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Wall Street has turned the clock back to 1997. Investors unable to extinguish their worries about a recession that has no end in sigh...