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Reuters: U.S. boosts stake in Citigroup

Started by chris, February 27, 2009, 03:59:11 PM

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chris

U.S. boosts stake in Citigroup
      
   
      


NEW YORK/WASHINGTON (Reuters) - The U.S. government will boost its stake in Citigroup Inc to as much as 36 percent, bolstering the banking giant's capital base in one of the most dramatic efforts yet to prop up the ailing banking industry.<div class="feedflare">
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