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The U.S. government agreed to protect $306 billion of loans and securities on Citigroup Inc.‘s books against losses, as it seeks to shore up investor confidence in the bank.

link: (http://bloomberg.com/apps/news?pid=2060108...)
submitted by: Jaggedx69x   Nov 24, 2008
category: News keywords: citigroup, billion, bailout, money, banks
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