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| Citigroup, Wells Fargo repay gov't bailout funds (AP) December 14, 2009 at 8:25 pm |
| Citigroup Inc. and Wells Fargo & Co. said Monday they would repay their government bailout loans, freeing them from close regulatory scrutiny and marking the latest step toward recovery for the U.S. financial system. |
| Obama urges banks to find ways to increase lending (AP) December 14, 2009 at 5:21 pm |
| President Barack Obama challenged top bankers Monday to explore "every responsible way" to increase lending, saying they were obliged to help after being rescued by taxpayers. He asked them to "take a third and fourth look" at their small-business lending. |
| Citigroup to repay $20 billion in bailout money (AP) December 14, 2009 at 4:40 pm |
| Citigroup said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. The government also will sell its one-third stake in the company. |
| Citi to raise $20 billion capital to repay U.S. (Reuters) December 14, 2009 at 2:46 pm |
| Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing about $20 billion of capital, as the bank looks to end the executive pay restrictions that came with the funds. |
| Citigroup to repay $20bn in Tarp funds (at FT.com) December 14, 2009 at 2:10 pm |
| Citigroup on Monday unveiled plans to raise up to $19.6bn and return $20bn to US taxpayers in a move that will free the bank from heightened government supervision but could inflict further pain on its shareholders. |
| Citigroup to repay $20 billion in bailout money (AP) December 14, 2009 at 11:45 am |
| Citigroup said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. The government will also sell its stake in the company. |
| Obama pushing banking execs on protection agency (AP) December 14, 2009 at 11:26 am |
| President Barack Obama is asking bank executives to support his efforts to tighten the financial industry, while bankers are prepared to tell the president he should stop oversimplifying their concerns if he wants good-faith collaboration. | | |
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