Charles Gibson & Sharon Alfonsi report on the purchase of 1/3 Equity Interest of CitiGroup by the Government. Along with the investment to secure the bank's future, a change in the board of directors will take place, except that of CEO Vikram Pandit. The agreement also means taxpayers have a 36% stake in CitiGroup.
Author: MrTacoJosh
Keywords: ABC News Charles Gibson Sharon Alfonsi CitiGroup bankboard of directors CEO Vikram Pandit
Added: February 27, 2009
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