President Bush argued Monday that the government's dramatic rescue of Citigroup was necessary to 'safeguard the financial system' and help the economy recover, and he said there could be more such moves if other institutions need help.
Showing posts with label Citi Bank. Show all posts
Showing posts with label Citi Bank. Show all posts
More Bail-Outs like Citigroup Possible Before Bush Leaves
Citi to get an Additional $20 Billion in Fed bailouB
The government unveiled a bold plan Sunday to rescue Citigroup, injecting a fresh $20 billion into the troubled firm as well as guaranteeing hundreds of billions of dollars in risky assets.
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