Citi "Hopes" To Repay TARP.....Someday

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Citi Chairman Dick Parsons is on board with the whole $45 billion TARP repayment thing, but isn't quite so brazen as to issue a timetable that the bank will never meet. But this is not to say that Citi doesn't have a credible, well thought out plan for addressing its massive bailout.

Parson said Citi recently filed with the government a capital plan that outlines the bank's strategy going forward for repaying TARP.
He declined to give the specifics of the strategy, but said "so much of it will depend on the cooperation of the markets."

Citi chair says no timetable for repaying TARP [Reuters]

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