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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: average joe who wrote (58381)	11/27/2009 1:05:59 AM
From: elmatador	Read Replies (1) of 217764

Citigroup Inc., the bank owned 34% by the U.S. government, said it didn’t offer Brazil a stake in the company amid the credit crisis. Brazilian Energy and Mines Minister Edison Lobao had said Nov. 24 that the New York-based company offered the stake as it sought to raise money -- comments that Finance Minister Guido Mantega called untrue later that day. Yesterday, newspaper O Estado de S. Paulo reported that Gustavo Marin, Citigroup’s Latin America president, offered the country a 50 percent stake in the bank’s Brazilian unit. bloomberg.com

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