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Apr
28
2010

Treasury Starts Sale of Citigroup Stake – Future of Citibank NYSE:C

The United States Treasury has announced the sale of Citigroup stocks, which amounts to roughly 27 percent of the company. This is considered to be the next step by the Obama administration to begin to end the bailouts that proved to be so unpopular around the United States. It is also a sign that things are improving around the economy these days.

Apr
5
2010

Credit Woes Ease and Banks Borrow Less from Federal Reserve

The Federal Reserve’s emergency lending program has seen less money borrowed from it in the past week as banks got less money on the easing of credit problems in the country. This spells good news for the economy and has many investors thinking that better times may be here sooner.

Apr
4
2010

The Fannie Mae Situation – FNM, is it a good time to buy

One of the biggest news stories of the past few years was the near collapse of Fannie Mae, and the rescuing of the company by the government. Well, Fannie Mae is still in the news and February was not a good month for this iconic company in the United States. With all the good news about the economy recently, the Fannie Mae (NYSE: FNM) situation is making many worry about just how strong the economy truly is.

Mar
29
2010

Citibank Wins and Loses This Week – March 2010

Citibank had both a good week and a bad week thanks to a court ruling that brought some millions into the company, and a fine due to some problems with the law. Next week, hopefully the bank will be able to recover from some bad press this week.

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