Today's WSJ says that Citigroup is planning to issue more stock to help pay down the TARP, diluting the present shareholders.
It's just a rush to get away from the pay Czar. Honestly, it's a bit premature for some of these banks to be giving back that massive cushion of liquidity. Dilute, dilute, dilute!!! Another classic case of retail investors getting shafted. You know Citi waited until after the Arabs pulled their stake to do this...widows and orphans hold the bag, yet again.