Posted by & filed under Company Analysis, Governments & Regulators.

Description:  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
 
Date: 03/25/2010

 Link: http://www.marketwatch.com/story/treasury-reportedly-sets-plan-to-sell-citi-shares-2010-03-25?siteid=nwtwk

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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