Feeds:
Posts
Comments

Posts Tagged ‘CitiGroup’

In the Wall Street Journal article, “U.S. eyes Large Stake in Citi: Taxpayers could own up to 40% of Bank’s Common Stocks: Diluting Value of Shares,” CitiGroup has been talking to the  U.S. government about increasing the government’s ownership of Citigroup’s stock to as much as 40%. Since last Fall, the Treasuary Department has put $25 billion into CitiGroup on three seperate instances, in the form of preferred shares and warrants, a type of security issued by a corporation giving the holder the right to purchase a certain amount of common stock at a stated price.

Advertisements

Read Full Post »