AOL Money & Finance

baiout posts

Feed

Citigroup faces new bailout

Why is Citigroup Inc (NYSE: C) under pressure from regulators to sign a secret agreement letting the government take control of 34% of the company? The reason is that Citigroup is losing money.

Regulators from the FDIC are demanding that Citigroup strengthen its board and governance, improve asset quality, better manage expenses and provide more information to regulators about its capital and liquidity. They did do a similar deal with another regulator last year.

Continue reading Citigroup faces new bailout

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 27, 2009: 07:11 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance