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In another attempt to aid the ailing banking giant Citigroup, the government announced today that it will buy more stock in the company and increase the amount of its ownership from 8% to 36%.

Taxpayers have already put $45 billion into the firm and the new arrangement won’t involve more taxpayers’ money at this time. As a means of repaying $25 billion of the money the government has already lent Citigroup, the company will issue the government shares of its common stock, which give the government an ownership stake.

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