Chillin' out till it needs to be funded
U.S. Government bails out Citigroup(00:56) ReportNov. 24 – The ailing American bank is widely seen as too big to be allowed to go bust, despite losing nearly all of its value.The U.S. government is to inject a further $20 billion into Citigroup and cover $306 billion of the bank’s high risk assets.Benet Allen reports.
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