U.S. stake in Citi may rise to 40 percent: reports (Reuters)

The Citibank logo is seen in Arlington Heights, Illinois February 3, 2009. (John Gress/Reuters)Reuters – Citigroup is in talks that could result in the U.S. government increasing its stake in what was the country’s most valuable bank, a source said, and the Wall Street Journal said taxpayers could own as much as 40 percent of the ailing lender’s common stock.

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