Description:Â The U.S. government is setting up a program to sell its 27% stake in Citigroup Inc. and the plan could be announced next month, according to a report Thursday, citing unidentified people with direct knowledge of the matter.
Source: Marketwatch.com
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Date: 03/25/2010
Questions for discussion:
- Would you be a buyer of Citigroup? Explain your thinking.
- Is the government’s strategy good for the stock?
- Are there greater implications for the industry due to this development?
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