Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: average joe who wrote (58381)	11/27/2009 1:05:59 AM
From: elmatador	Read Replies (1) \| Respond to of 217750

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