Citi bailout

Feds step deeper into Citi bailout

Shift of preferred shares to common stock increases embattled bank's capital base.

Stock down by nearly half in volatile premarket trading.


By Chris Isidore, CNNMoney.com senior writer
Last Updated: February 27, 2009: 10:10 AM ET

read more at: http://money.cnn.com/2009/02/27/news/companies/citigroup/index.htm?postversion=2009022710