The Government May Be Selling Its Citigroup (C) Stake Too Soon

[24/7 Wall St.]

24/7 Wall St. Daily News

The federal government is prepared to sell its stake in Citigroup (C) at a profits of about $8 billion, according to The Washington Post. But, a sale of the stake, about 27% of the bank’s shares, might well short change the country’s taxpayers. The financial firm’s stock was at $$4.31 at the Friday close, well [...]

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