by Calculated Risk on 11/22/2008 12:01:00 AM

From Andrew Ross Sorkin and Louise Story at the NY Times: Citigroup, Under Siege, Holds Talks With U.S.

Citigroup ... executives on Friday entered into talks with federal officials about how to stabilize the struggling financial giant.

In a series of tense meetings and telephone calls, the executives and officials weighed several options, including whether to replace Citigroup’s chief executive, Vikram S. Pandit, or sell all or part of the company.

There is much more in the article. This weekend might be busy.