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Stock Investing > Financial Skeptic

Citigroups Other Shareholders Need Watching

George | Mon, 03/02/2009 - 2:30pm | bank internationalization, bank nationalization, C, Citi, Citigroup, government ownership |  1 comment

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Citigroup (C) apparently is now 36% controlled by Uncle Sam. Everyone is singing the blues but no one has an alternative. The interesting side tidbit is that Singapore and Prince al-Waleed bin Talal of Saudi Arabia, will also swap up to $27.5-billion worth of preferred shares for regular stock. This
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