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: Loan Modification & Home Loan News

Feds Plan To Sell 1.5 Billion Citigroup Shares

By Evan Bedard

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NEW YORK  — The federal government took its first step towards unloading its remaining stake in Citigroup, unveiling plans Monday to sell up to 1.5 billion shares in the banking giant. The U.S. government currently owns approximately 7.7 billion shares, or about a 27% stake in the New York City-based bank. A sale of the 1.5 [...]

Full post as published by Loan Modification & Home Loan News on April 26, 2010 (boomark / email).

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