by Calculated Risk on 2/23/2009 01:07:00 PM

CNBC Headline: Deal to Increase Government Stake In Citigroup May Be Reached As Early As Today, Sources Tell CNBC.

UPDATE: From CNBC: Citigroup: Government Could Get Higher Stake Today

A deal for the government to hike its stake in Citigroup could be announced today or tomorrow, sources close to the company have told CNBC.

This is a followup to the WSJ story last night: U.S. Eyes Large Stake in Citi