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U.S. Government bails out Citigroup
U.S. Government bails out Citigroup
Sputnik International
The ailing American bank is widely seen as too big to be allowed to go bust, despite losing nearly all of its value. The U.S. government is to inject a further... 24.11.2008, Sputnik International
2008-11-24T14:04+0000
2008-11-24T14:04+0000
2022-10-19T19:48+0000
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U.S. Government bails out Citigroup
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U.S. Government bails out Citigroup
14:04 GMT 24.11.2008 (Updated: 19:48 GMT 19.10.2022) The ailing American bank is widely seen as too big to be allowed to go bust, despite losing nearly all of its value. The U.S. government is to inject a further $20 billion into Citigroup and cover $306 billion of the bank's high risk assets.
