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Originally posted by Rockpuck
The Prince holds about 4-5% of Citi Common Shares.
Originally posted by jefwane
Anyway, I don't think that anyone would argue that a 40% stake is defacto nationalization.
Investors in the nationalized bank would likely be wiped out. And nationalizing even one or two banks could create a chain reaction of falling confidence. If investors worried that other banks were on the government's takeover list, they would be even more wary of investing in the financial sector.