Transcript
The Citigroup Bailout
Rhonda Duell
History of CitigroupBegan as City Bank of New YorkExpansion Merger with Traveler’s Insurance to
form Citigroup
When Good Business Goes BadSub-prime mortgage crisis takes its
tollWachovia deal falls throughCorporate excess
Government to the RescueTARP (Troubled
Assets Relief Program)
CAP (Capital Assistance Program
Accountability measures
Future of CitigroupChange of leadershipNationalizationRestructuring
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