Tuesday, February 7, 2012 22:50

Posts Tagged ‘troubled assets’

The CitiGroup Bailout

Tuesday, November 25, 2008 0:05

The U.S. federal government announced it would finance a $20 billion investment in financial giant Citigroup and would guarantee losses on more than $300 billion of it's troubled assets. U.S. markets shot up upon hearing the news of Citi's fresh restart with S&P 500 up 494 points from a 11 and ...

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