"In UK when Gov't took chunks of BOS / HBOS / Lloyds share prices plummeted as shareholders were marginalised and diluted."
Citi's share price is already about as close to zero as you can get - Bank of America too. These two together represent about 0.6% of the Dow by weight. More important is the effect it will have on the system as a whole. It should help stabilize things and allow Citi to lend more freely.
dow futures have turned big time, page-18
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26,683 |
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