Taxpayers Receive $10.5 Billion in Proceeds Today from Final Sale of Treasury Department Citigroup Common Stock

WASHINGTON –(ENEWSPF)–December 10, 2010.  The U.S. Department of the Treasury announced that it today received $10.5 billion in proceeds from the sale of its final 2.4 billion shares of Citigroup Inc. common stock – locking in a profit of at least $12 billion on its overall investment in Citigroup.

“Treasury was able to exit its common stock investment in Citigroup much more quickly than many had anticipated, while also delivering a significant profit to taxpayers,” said…