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The Citigroup Bailout Rhonda Duell

Too Big To Fail

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Page 1: Too Big To Fail

The Citigroup Bailout

Rhonda Duell

Page 2: Too Big To Fail

History of CitigroupBegan as City Bank of New YorkExpansion Merger with Traveler’s Insurance to

form Citigroup

Page 3: Too Big To Fail

When Good Business Goes BadSub-prime mortgage crisis takes its

tollWachovia deal falls throughCorporate excess

Page 4: Too Big To Fail

Government to the RescueTARP (Troubled

Assets Relief Program)

CAP (Capital Assistance Program

Accountability measures

Page 5: Too Big To Fail

Future of CitigroupChange of leadershipNationalizationRestructuring