We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Deep breath

14 April 2009

You d think government support of the megabank including $45bn of taxpayer equity and a partial asset guarantee would ease creditor concerns. But default protection costs twice as much for Citi as it does for BofA. Despite assurances, bondholders are bracing for pain.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)