2/9/2010-Tuesday, Standard & Poor's revised its outlook on Citigroup (NYSE:C) to negative from stable while affirming its A counterparty credit and debt ratings.

Standard & Poor's credit analyst Scott Sprinzen, commented, "The outlook revision reflects our increased uncertainty about the U.S. government's willingness to provide additional extraordinary support to highly systemically important financial institutions in a way that will benefit debt holders. We previously stated our belief that the extraordinary support was temporary. We believe markets are beginning to stabilize and the U.S. government is seeking ways to reduce the potential for moral hazard and systemic risk associated with large financial institutions."

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