Capital Commerce

Is Citigroup Now a GSE?

By James Pethokoukis

Posted: November 24, 2008

Citigroup is now a GSE, a Governmet Secured Enterprise. IHS Global Insight  puts taxpayers on the hook for just over $100 billion on the deal, not to mention the new $20 billion capital injection. And to think taxpayers could own the whole thing for $25 billion last week.

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Capital Commerce

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