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Bailout Talks Accelerate for Ailing Citigroup.

Authors :
Enrich, David
Mollenkamp, Carrick
Rieker, Matthias
Paletta, Damian
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.

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