U.S. boosts stake in Citigroup
(Reuters)
<p><img src="http://d.yimg.com/img.news.yahoo.com/util/anysize/130,http%3A%2F%2Fd.yimg.com%2Fa%2Fp%2Frids%2F20090227%2Fi%2Fr1621808566.jpg?v=2" align="left" height="89" width="130" alt="Traders on the floor of the New York Stock Exchange crowd the station selling shares of Citigroup Inc. at the opening of the trading session, February 27, 2009. 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. REUTERS/Mike Segar (UNITED STATES)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090227/bs_nm/us_citigroup)Reuters - The U.S. government will boost its equity stake in Citigroup Inc to as much as 36 percent, bolstering the bank's capital base in the latest emergency effort to prop up the ailing banking giant.</p><br clear="all"/>
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