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Reuters: U.S. stake in Citi may rise to 40 percent: reports

Started by dave, February 23, 2009, 07:59:07 AM

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dave

U.S. stake in Citi may rise to 40 percent: reports
      
   
      


NEW YORK/HONG KONG (Reuters) - Citigroup is in talks that could result in the U.S. government increasing its stake in what was the country's most valuable bank, a source said, and the Wall Street Journal said taxpayers could own as much as 40 percent of the ailing lender's common stock.<div class="feedflare">
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