The US government is now sitting on a “nice little earner – as Arthur would say” as it prepares to sell down its holding in Citigroup. The plan is to sell its common stock holding which represented a $25bln investment back in late 2008 at the height of the global financial crisis. That parcel has now grown to $40bln after Citigroup shares hit $5.00 overnight. This might keep the critics at bay for a while but it is small change compared to the government’s investments in AIG, Fannie and Freddie etc.