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Citigroup - Page 2

The US government has basically bought Citigroup. At $1.5 per share, buy it now, if you have a few bucks to spend. It cannot go under and your risk is minimal. With this much investment, the government cannot let Citigroup fail. This investment is better than buying US Savings Bonds.

Citigroup

Profit

Citigroup Reports $3 Billion Earnings in Second Quarter, Beating Expectations [8:23 a.m. ET] Ref. ABC News

Citigroup History & Civil Business Politics

Repaying Government Bailout

Citigroup to Repay $20 Billion in Bailout Money [6:44 a.m. ET] Ref. ABC News

Page 2 Citigroup

Citigroup to Pay Millions to Close Fraud Complaint:

Citigroup on Wednesday agreed to pay $285 million to settle a civil complaint by the Securities and Exchange Commission that it had defrauded investors Ref. Source 8

Citigroup

Citigroup to pay $590 million to settle investor suit:

Citigroup said Wednesday it had agreed to pay $590 million to settle a suit by investors who accused the bank of misleading them on its subprime mortgage-based security losses in 2007-2008. Ref. Source 7

Citigroup

Citigroup's Pandit stepped down unexpectedly today. Michael Corbat was named to succeed him.

Citigroup - Page 2

Citigroup said Wednesday it will cut 11,000 jobs as part of a broader restructuring. The banking giant also said it plans branch closings and will record pre-tax charges of approximately $1 billion in the fourth quarter. Ref. USAToday

Citigroup Politics Business Civil & History - Page 2

Citigroup fined $30 million for tip-off to big clients:

Massachusetts on Thursday fined Citigroup $30 million for improperly releasing market-sensitive information on an Apple supplier to large clients including hedge fund SAC Capital Advisors. Ref. Source 1