Cohan Calls U.S. Delay of Citi Stake Sale a `Lose-Lose’: Video
Posted on 17. Dec, 2009 by admin in Stock Market
Dec. 17 (Bloomberg) — William Cohan, author of “House of Cards” and a Bloomberg Television contributing editor, talks with Erik Schatzker and Deirdre Bolton about the U.S. Treasury’s decision to delay plans to shrink its one-third stake in Citigroup Inc. Cohan also discusses the implications of banks rushing to exit the Troubled Asset Relief Program, the outlook for the banking industry and Bank of America Corp.’s selection of Brian Moynihan as its new chief executive officer. (Source: Bloomberg)