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Non-Tech : Banks--- Betting on the recovery
WFC 83.43-1.9%3:59 PM EST
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To: Road Walker who wrote (239)3/10/2009 4:19:04 PM
From: David C. Burns  Read Replies (1) of 1428
 
Wall Street Journal:

Barely a week after the third rescue of Citigroup Inc., U.S. officials are examining what fresh steps they might need to take to stabilize the bank if its problems mount, according to people familiar with the matter.

Federal officials describe the discussions, which are wide-ranging and preliminary, as "contingency planning." Regulators are trying to ensure that they are prepared if Citigroup takes a sudden turn for the worse, which they aren't expecting, these people say.

online.wsj.com
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