Whistleblower Developments is a periodic report covering significant cases, decisions, proposals, and legislation related to whistleblower statutes and how they may impact your.
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Investors who owned stocks since 2016 generally experienced some big gains. In fact, the
SPDR S&P 500 (NYSE: SPY) total return in the past five years is 118.9%. But there’s no question some big-name stocks didn’t keep pace along the way.
Citigroup’s Struggle: One market laggard of the past five years was big bank
Citigroup & Co (NYSE: C).
Citigroup and other U.S. banks were hit hard during the financial crisis in 2008 and 2009. But among the big banks that survived the crisis, Citigroup was one of the hardest hit. At one point in 2009, the U.S. Treasury took a 36% ownership stake in Citigroup after issuing the company an emergency crisis bailout.