Here are a few reasons why 1- They want to pass this b.s. health care so they will need the cash. 2- they have made money on this company and its a good way to lower the deficit. 3- It will look like obama and his people are the wisest around. 4- Unions are pushing for the public option healthcare and will no support dems if they dont vote for it. Now they have to sell. 5- At 5 bucks or more they can sell to funds. 6- Now they can sell to just about anyone that has cash with the new law that will pass.
IMO that just doesn't make sense. They pumped all this money into Citi, not to make a profit, but to sure up the system. Taking the money out immediately will only go against that and they know they can hold and sell their shares back to Citi for a higher price.