Stimulus-era milestone: The government is selling its remaining 2.4 billion shares of Citigroup stock purchased during the $700 billion financial bailout. It seems like just yesterday (or about two years ago) that Citigroup was too big to fail and receiving $45 billion in taxpayer dollars to keep it afloat, $25 billion of which became the government’s ownership stake. These days Citi's thanking the government for the bailout, bragging about their still-competitive compensation, and trying to hire a celebrity former White House budget director. [AP via RealClearPolitics]
Photo: AFP/Getty Images
- 1. All My Exes Live in Texts: Why the Social Media Generation Never Really Breaks Up
- 2. American Horror Story’s Taissa Farmiga on Threesomes, Zombies, and Paris Hilton’s Closet
- 3. 12 Years a Slave and the Obama Era
- 4. What’s New on Netflix Streaming This Month: December 2013
- 5. Joe Jonas: My Life As a Jonas Brother
- 6. Gilmore Girls Alumni: Where Are They Now?
- 7. A Thorough List of All the Times Peeta Messes Up in Catching Fire
- 8. Mexican Gunmen Who Stole Truck Will ‘Without a Doubt’ Die From Radiation
- 9. Who Knows What Men Want on OkCupid — Men or Women?