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Bailout Talks Accelerate for Ailing Citigroup.
- Source :
-
Wall Street Journal - Eastern Edition . 11/24/2008, Vol. 252 Issue 124, pA1-A15. 2p. 1 Color Photograph, 3 Black and White Photographs, 1 Graph. - Publication Year :
- 2008
-
Abstract
- The article reports that the U.S. government and Citigroup Inc. are negotiating terms of a bailout. Plans could include the government absorbing losses beyond a fixed amount on certain of the firm's assets, the establishment of a separate entity to hold some of the bank's most vulnerable assets, and a possible investment by the government in Citigroup.
- Subjects :
- *FINANCIAL bailouts
*BANKING industry
*BANK capital
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 252
- Issue :
- 124
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 35378700