Mortgage -backed securities and corporate debt from Fannie Mae, Freddie Mac,rnand others, while $200 billion will be lent to holders of securities backed by highly rated consumer and small-business debt.rnAnd then there was the little matter of Citigroup. After its stock was hammered into near-oblivion on Nov. 20 and 21, threatening the giant bank's viability, a feverish round of weekend talks produced yet another bailout. The Treasury will buy $20 billion in preferred stock on top of the $25 billion Citi received about a month ago. And the feds will guarantee $306 billion in possibly toxic assets on Citi's books, though the bank must absorb the first $29 billion of losses. The deal momentarily elated Wall Street-Citi stock leaped 57% Nov. 24, and other financials also climbed-but it also raised the question of how many other firms would soon line up for similar favors.
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