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	<title>Worldfocus &#187; Henry Paulson</title>
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	<pubDate>Fri, 12 Mar 2010 23:21:35 +0000</pubDate>
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		<title>Citigroup bailout reverberates abroad</title>
		<link>http://worldfocus.org/blog/2008/11/24/citigroup-bailout-reverberates-abroad/2903/</link>
		<comments>http://worldfocus.org/blog/2008/11/24/citigroup-bailout-reverberates-abroad/2903/#comments</comments>
		<pubDate>Mon, 24 Nov 2008 18:29:33 +0000</pubDate>
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		<category><![CDATA[Business]]></category>

		<category><![CDATA[Latest News (Homepage)]]></category>

		<category><![CDATA[Region]]></category>

		<category><![CDATA[Show Segments]]></category>

		<category><![CDATA[The Americas]]></category>

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		<category><![CDATA[World Politics]]></category>

		<category><![CDATA[economy]]></category>

		<category><![CDATA[bailout]]></category>

		<category><![CDATA[banks]]></category>

		<category><![CDATA[Citigroup]]></category>

		<category><![CDATA[financial crisis]]></category>

		<category><![CDATA[George W. Bush]]></category>

		<category><![CDATA[Henry Paulson]]></category>

		<category><![CDATA[investment]]></category>

		<category><![CDATA[Robert Lenzner]]></category>

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		<description><![CDATA[After a meeting with Treasury Secretary Henry Paulson, President George W. Bush agreed to bail out Citigroup, one of the largest American banks.

Even as stock markets around the world shot up today, economic projections pointed downward in many countries, sparking skepticism about how long the Citigroup bounce might last.

Citigroup also has a huge international presence, with more than 200 million customer accounts in 106 countries.

Robert Lenzner, national editor of Forbes magazine, speaks with Martin Savidge about the repercussions of Citigroup's fall, overseas faith in U.S. financial institutions and foreign banks that are also threatened.]]></description>
			<content:encoded><![CDATA[<p>After a meeting with Treasury Secretary Henry Paulson, President George W. Bush said that the U.S. will <a title="Stocks Rise on Citigroup Bailout Plan" href="http://www.washingtonpost.com/wp-dyn/content/article/2008/11/24/AR2008112400899.html?hpid=topnews" target="_blank">bail out Citigroup</a>, one of the largest American banks.</p>
<p>Even as stock markets around the world shot up today, economic projections pointed downward in many countries, sparking skepticism about how long the Citigroup bounce might last.</p>
<p>Citigroup also has a huge international presence, with more than 200 million customer accounts in 106 countries.</p>
<p><a title="Robert Lenzner" href="http://search.forbes.com/search/colArchiveSearch?aname=Robert+Lenzner&amp;author=Robert+and+Lenzner" target="_blank">Robert Lenzner</a>, national editor of Forbes magazine, speaks with Martin Savidge about the repercussions of Citigroup&#8217;s fall, overseas faith in U.S. financial institutions and foreign banks that are also threatened.</p>
<p><iframe frameborder="0" height="307" src="http://player.theplatform.com/ps/player/pds/lqtN52xjvc?pid=oJeZA0vp6OPJPE0w33VyyJWYh_S3UJgz&amp;embedded=true&amp;width=514&amp;height=307" width="514"></iframe></p>
<listpage_excerpt>Robert Lenzner of Forbes magazine discusses the U.S. bailout of Citigroup and the situation of foreign banks.</listpage_excerpt>
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