SocraticGadfly: Bank nationalization just around corner at Citigroup

February 22, 2009

Bank nationalization just around corner at Citigroup

The government could wind up holding as much as 40 percent of Citigroup stock shortly.

Citi reportedly wants to keep the government “infusion” no higher than that, BIUT…

If it’s no fessing up to being that sick, it doesn’t have much talking space.

More on the Citi situation here

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