2008-11-23blogspot.com

Executives of Citigroup, one of the biggest banks in the US, are in emergency talks with the US Treasury to gain much-needed funding, reports say.

See also Feds May Save Citi (C) By Buying Trash Assets:

EARLIER: The government may save Citigroup (C) by buying $100 billion of crap assets off the company. CNBC, the NYT, and the WSJ are all describing slightly different versions of this type of deal, and the details are still being worked out.



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