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Citi Is Eager To Pay Back Bailout Aid.

Authors :
DASH, ERIC
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]

Details

Language :
English
ISSN :
03624331
Volume :
159
Issue :
54885
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
45687343