U.S. Government bails out Citigroup
U.S. Government bails out Citigroup
(00:56) Report
Nov. 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.