It seems that Uncle Vik is not comfortable with the government having a 34% stake in Citi. Now the banking giant considered "too big to fail" is considering a new multi-billion dollar stock offering while the Treasury sells down some of its holdings. In my opinion more dilution is not what is needed right now. Citi has now had two profitable quarters. It should pay back the TARP money and focus on consolidating its business model/strategy and communicating it in such a way that the troops can understand and execute against it.
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