It’s been a long way back, but two of the most widely watched stock market barometers are now trading right around where they were before the financial excrement really hit the fan in September 2008.
The Dow closed Tuesday at 11,476.54, its highest close since September 8, 2008 — a week before the bankruptcy of Lehman [...]
Posts Tagged ‘citigroup’
Are the markets back? Reply is hazy - The Buzz
December 15th, 2010 by Financial Writer
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more...Treasury Sale of Citigroup Shares Slowed Amid June Market Slump
July 1st, 2010 by Financial Writer
The U.S. government’s sale of Citigroup Inc. shares slowed last month as the bank’s share price tumbled 5.1 percent amid a stock-market slump.
The government sold 1.1 billion shares from May 27 through June 30, according to a Treasury statement today. The sales, which are being managed by Morgan Stanley, generated proceeds of about $4.3 billion [...]
Tags: banks, citigroup, economists, financial system, investment, money, stock market, us economic, us stocks, us tax
US government to sell stake in Citigroup
March 29th, 2010 by Financial Writer
The US Treasury Department on Monday announced it would sell its multi-billion-dollar stake in Citigroup this year, in what would be one of the largest stock sales in history.
The department said it intends “to fully dispose of its approximately 7.7 billion shares of Citigroup, Inc. common stock over the course of 2010 subject to market [...]
Tags: banks operating, citigroup, market rates, mortgage crisis, us treasury