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Bankruptcy

: The Bankruptcy Blog

Weekend Emergency Plan: Feds Bailout Citigroup

By Total Bankruptcy.

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Late Sunday night, federal regulators announced they approved a plan to try to stabilize Citigroup. The plan involves the government investing $20 billion in the company and backing about $306 billion in loans and securities. This emergency plan comes after...

Full post as published by The Bankruptcy Blog on November 24, 2008 (boomark / email).

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