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Daily Digit: US Pockets $13.4b on Citi
Today's Daily Digit is $13.4 billion. The U.S. government will scoop up $13.4 billion in gravy on bailing out Citigroup. The U.S. Treasury is selling its final stake in the financial institution for nearly $900 million -bringing the total profit on the bailout to $13.4 billion. The sale will bring to a close the U.S. Treasury Department's investments in the company, which once totaled $45 billion.
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