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Treasury Said to Link Citigroup Sale to TARP Payback

Citi wants the treasury to sell their stake in the bank, treasury feels that it needs to maintain that stake to ensure that the $45 billion payback will be coming.

Man, these bankers are not looking forward to the possibility of reduced pay and government control…Go figure.

Treasury Said to Link Citigroup Sale to TARP Payback (Update1) – Bloomberg.com.

Related articles:

  1. Citigroup Explores Bid to Pare U.S. Stake – WSJ.com
  2. Stiglitz Says Bank Problems Bigger Than Pre-Lehman
  3. TARP money equals new jobs?
  4. Fresh Pay Skirmish Erupts at AIG – WSJ.com
  5. Goldman provides us (U.S) with a 23% Return!

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