The Treasury is still having a tough time unloading Citi stock. It is now contemplating a share offering instead of stealthily selling it in small quantities on the market to an unsuspecting public. I looked under the cushions in my couch for some spare change and found a few quarters and dimes so perhaps I might buy some. Seriously, the Treasury still owns about 17 percent which is no small stake. Why doesn't Uncle Vik's enterprise look attractive to investors? The last time I looked it was trading at this price.
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