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Article Summary: The government bailed out Citigroup to the tune of $45 billion in 2008. $20 billion of that has been paid back by Citigroup to the Treasury a
by hnsummary 17y ago
Article Summary:
The government bailed out Citigroup to the tune of $45 billion in 2008. $20 billion of that has been paid back by Citigroup to the Treasury and the remaining $25 billion was converted to common stock. The stock is now worth $33 billion netting the government an expected $8 billion.
http://hnsummary.com/2010/03/30/citibank-pays-off-its-bailout-money/ http://hnsummary.com/2010/03/30/citibank-pays-off-its-bailou...