Friday’s Market Recap: Stocks Down On Government’s Stake In Citigroup
Posted on February 27, 2009 at 23:25 PM EST
Friday’s market slipped once again as news that the government will continue and take a large stake in Citigroup’s (C) common stock shares, stemming fears of a future heavy governmental regulated bank system. The Dow Jones Industrial Average (^DJI) slipped another -1.66% to a level of 7,062.93 while the Nasdaq (^IXIC) and S&P ...