Citigroup Possibly Headed For Nationalization


WSJ: Citigroup is in talks with federal officials that could result in the government substantially expanding its ownership of the bank.

Meanwhile: NYT reports Obama aides will begin taking a hard look at the financial condition of the country’s 20 biggest banks this week.

Plus: Federal regulators deny plans to nationalize any bank but announce they will launch an effort to get more money to banks on Wednesday.

Related Topics: News, The Page

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