Bailout of banks, Citigroup

Citigroup has received two lifelines from the U.S. Treasury Department's Troubled Asset Relief Program, getting $25 billion in October 08 and $20 billion in November 08.

The second infusion involved an agreement by the government to share in some losses, in exchange for preferred stock and warrants.

http://www.reuters.com/article/
newsOne/idUSN1234412520090114

Is this a welfare for the richest? From the richest.