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Sort Of Nationalizing Citigroup (C)

247Wallst | Mon, 02/23/2009 - 11:34am | bank nationalization, C, Citigroup, nationalizing banks, stimulus plans |  Add a comment

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The Wall Street Journal says that the federal government is in talks to put more capital into Citigroup (C) and may end up owning 40% of the big banks. According to the paper, “While the discussions could fall apart, the government could wind up holding as much as 40% of Citigroup
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