Government's rigging of Citi shares (zz)# Stock
N*n
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American Banking News investigates the reason for the recent massive surge
in financial stocks, to a big extent predicated by the government's desire
to push Citi stock price over the $5 critical threshold "participation"
barrier.
As ABN notes: "The reason behind wanting the share price to go beyond $5 is
in relationship to institutional investors, who in many cases are prohibited
from investing in any stock under $5 a share. For example, pension funds
and mutual funds are some of those I’m refe
in financial stocks, to a big extent predicated by the government's desire
to push Citi stock price over the $5 critical threshold "participation"
barrier.
As ABN notes: "The reason behind wanting the share price to go beyond $5 is
in relationship to institutional investors, who in many cases are prohibited
from investing in any stock under $5 a share. For example, pension funds
and mutual funds are some of those I’m refe
