Total losses during the Great Depression exceeded 80% but that was over a three-year period. Late on Sunday, November 23, a rescue plan for Citigroup was agreed by the United States government. In a joint statement by the United States Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corp it was announced that in exchange for preferred stock valued at $27 billion paying 8% interest, a further $20 billion would be invested into the company and that the government would limit loss on $306 billion in risky loans and securities to 29 billion dollars plus 10% of any remaining losses. According to the joint statement, "With these transactions, the U.S. government is taking the actions necessary to strengthen the financial system and protect U.S. taxpayers and the U.S. economy." Friday, November 21 and Monday, November 24 marked the Dow Jones Industrial Average's largest two-session gain since October 1987. The Dow gained 891.10 points, 11.8%, bringing it to a close at 8,443.39 points.