The sale of the U.S. Treasury's remaining shares in Citigroup has brought the bank closer to exit from its $45 billion government bailout. The Treasury said it sold its stock for $10.5 billion, bringing taxpayers' profit on the rescue to $6.85 billion. The Federal Deposit Insurance Corp., acting on behalf of the Treasury, holds $800 million worth of Citigroup trust-preferred securities, and the Treasury holds warrants on 465.1 million shares.
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