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.

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

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