Treasury Dept. Selling Its 7.7 Billion Shares Of Citigroup For Big Profit

Treasury Dept. Selling Its 7.7 Billion Shares Of Citigroup For Big Profit

The Treasury Dept. announced today that it plans to sell off all of the 7.7 billion shares of Citigroup it acquired as part of the bailout of the bank. This could mean a profit of upwards of $8 billion for the federal government in just a few months. [More]