Citi To Repay Tarp; BofA Repaid Tarp
Posted on December 14, 2009 at 11:09 AM EST
Today Citigroup (C charts) announced plans to repay TARP. This comes less than two weeks after Bank of America (BofA - BAC charts) announced it moved forward its equity offering to repay tarp due to high demand.Dec. 14 Headline: Citi to raise $17 billion to repay U.S.Excerpts:Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing $17 billion of stock