Monday, February 23, 2009

CNBC: Citigroup Deal may happen today

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