Bailouts
Lance Stott | November 25, 2008
Citibank’s getting another $40 billion or so, along with guarantees on another $300 billion worth of debt. It’s so frustrating watching this process unfold. Citibank was only worth about $20 billion when they announced the plan. We could have bought the bank twice over with just the cash we’re giving them. Meanwhile… mortgage modifications seem […]
