Treasury Department Selling Off Citigroup Shares

The U.S. Treasury Department is offering up its remaining Citigroup shares, a move that marks the end of one of the federal government’s largest bank bailouts. But the Treasury says it will hold out for an “acceptable price” fo…

Treasury Department Selling Off Citigroup Shares

The U.S. Treasury Department is offering up its remaining Citigroup shares, a move that marks the end of one of the federal government’s largest bank bailouts. But the Treasury says it will hold out for an “acceptable price” fo…

This Year’s Federal Deficit: About 10% of the GDP

The federal deficit will amount to the equivalent of approximately 10% of U.S. gross domestic product for the fiscal year, which ended Sept. 30, according to a Treasury official. That’s about the same percentage as the previous…

AIG Anticipates Vote on Bailout Exit Plan, Eyes Debt Sale

American International Group’s board of directors is expected to vote Wednesday on a plan to exit the government’s bailout program, according to comments made by AIG Chairman Steve Miller during an investment conference.
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