The US Treasury is selling the remaining common stocks of Citigroup. The bank was rescued in a taxpayer-funded bailout during the 2008 financial crisis.
2.4 billion shares of stock will be put on the market.
45 billion dollars were invested in Citigroup to stabilize the financial system after the Lehman Brothers bankruptcy in 2008.
The Treasury sold 5.3 billion of the 7.7 billion and received 25 billion dollars in Citibank stock.
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