Bailout of the Day: Citigroup

The government is tossing fresh billions at (surprise, surprise) Citigroup this morning, which by the way follows $25 billion they already tossed at it. Funny how they do insist that the car companies show how they are going to “return to profitability” to get a bailout, but if you are an investment bank who screwed up so bad that you threaten the whole economy, then don’t worry, Uncle Sam will come to the rescue.

This entry was posted in bailout, citigroup, economy, fed, treasury. Bookmark the permalink.

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