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by hnsummary
5930 days ago
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Article Summary: The government bailed out Citigroup to the tune of $45 billion in 2008. $20 billion of that has been paid back by Citigroup to the Treasury and the remaining $25 billion was converted to common stock. The stock is now worth $33 billion netting the government an expected $8 billion. http://hnsummary.com/2010/03/30/citibank-pays-off-its-bailou... |
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