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Citigroup Crisis and Other Banking News

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Update 11/24/08: The Feds were able to approve a rescue plan late Sunday: Joint Statement by Treasury, Federal Reserve and the FDIC on Citigroup. More details are in this WSJ article US Agrees to Rescue Struggling Citigroup.

There is still no Citigroup rescue plan as of Sunday 8:00PM EST, but as this CNN article describes, an annoucement could come out as early as tonight. This New York Times article goes into detail of how Citigroup got into this mess. Two other interesting banking related articles of the financial crisis:
Thanks to the readers who have emailed me links to these news stories.


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