Got a Buck? Buy a Share of Citi

By John Johnson,  Newser Staff
Posted Mar 5, 2009 2:40 PM CST
In this 2008 file photo, a customer exits a Citibank branch in New York.   (AP Photo/Craig Ruttle, file)
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(Newser) – A sign of the times: Citibank shares are now eligible for your local dollar store. The bank’s shares fell below $1 for the first time ever today in trading, MarketWatch reports. They reached 97¢ at midday, about 2 years after trading at an all-time high of $57. Investors apparently have little faith that Citi, which has received $45 billion in government aid, can rebound.