Citigroup declines 3% after the Treasury Department says it will begin to unwind its sizable stake in the banking giant this year.

Citigroup Inc. shares fall 2.4% as investors unload the stock following news that the Treasury Department will begin to unwind its sizeable stake in the banking giant this year.

Some TARP Beneficiaries Continue to Stumble Bailout funds or no bailout funds, some banks propped up by the government are faltering, and that s never been more evident than now.

Interest rates on short-term Treasury bills were mixed in Monday s auction with rates on three-month bills declining, while rates on six-month bills were unchanged.

Defense contractor Lockheed Martin Corp. spent $3.2 million lobbying the federal government on issues from Pentagon spending on weapons to government information technology work during the 2009 fourth quarter, according to a disclosure report.

Citigroup shares slumped on heavy trading Monday after the U.S. Treasury confirmed its plans to exit its 27% stake in the company this year, but Deutsche Bank sees the news as a slight positive.

Citigroup Inc. shares fall 3% Monday after the Treasury Department said it will begin to unwind its sizeable stake in the troubled banking giant this year.

A very special edition of Closing Bell coming your way today, where Maria Bartiromo will be live from the U.S. Treasury Department in Washington DC

The Treasury on Monday pledged to sell its 7.7 billion Citigroup Inc shares this year, a step that further reduces the government s influence on the banking giant.

Investors are on the lookout for danger signs that could derail the stock market s yearlong advance