Citi Price Rumored At $3.15, $20.5 Billion In New Securities, Government To Keep $5 Billion In Common Stake As Below Cost-Basis

Congratulations Citi: your ability to pay massive bonuses by rushing out of TARP just cost US Taxpayers their cost basis in your garbage stock (not like there was any doubt). Look for a firestorm of critism tomorrow as the populist anger at Vikram et al is rekindled, this time for cause.


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