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Citi Is Eager To Pay Back Bailout Aid.
- Source :
-
New York Times . 12/10/2009, Vol. 159 Issue 54885, p1. 0p. - Publication Year :
- 2009
-
Abstract
- A year after accepting two taxpayer bailouts, Citigroup is racing to raise billions of dollars in the stock market to repay the aid, a crucial step in freeing itself from Washington's grip. Even if Citigroup were to pay back all or part of its bailout funds -- a move some analysts warn might be premature -- the giant financial services company would still be beholden to the government because of other federal support it is receiving. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *FINANCIAL services industry
*TAXATION
*FINANCIAL bailouts
*BUSINESS failures
Subjects
Details
- Language :
- English
- ISSN :
- 03624331
- Volume :
- 159
- Issue :
- 54885
- Database :
- Academic Search Index
- Journal :
- New York Times
- Publication Type :
- News
- Accession number :
- 45687343