- WSJ: U.S. to Take Big Citi Stake and Overhaul the Board
- NY Post: $1 Trillion in Taxes is Hell to Pay
- Political Punch: Obama's Budget Adds $1 Trillion in New Taxes
- Reuters: Big Spending = Soaring Deficit
Friday, February 27, 2009
Here Comes Big Government
You may not have deposits there, but taxpayer money will now be invested into CitiGroup giving the government a 36% interest in the company. Investors didn't seem to like this news considering Citi's stock was in the tank in early morning trading today. Can we say nationalization?
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