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Citigroup gets massive government rescue

 
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Sela
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PostPosted: Mon Nov 24, 2008 8:56 am    Post subject: Citigroup gets massive government rescue Reply with quote

NEW YORK (Reuters) - The U.S. government bailed out Citigroup Inc, agreeing to shoulder most of the potential losses on $306 billion of high risk assets, in its most sweeping rescue of a U.S. bank yet in the global economic crisis.<div class="feedflare">
<a href="http://feeds.reuters.com/~f/reuters/topNews?a=2SUPxIDR"><img src="http://feedproxy.google.com/~f/reuters/topNews?d=41" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=p4YqkCAD"><img src="http://feedproxy.google.com/~f/reuters/topNews?i=p4YqkCAD" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=w5dkxTjD"><img src="http://feedproxy.google.com/~f/reuters/topNews?i=w5dkxTjD" border="0"></img></a>
</div><img src="http://feedproxy.google.com/~r/reuters/topNews/~4/QQrxzfLXk9s" height="1" width="1"/>

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