Showing posts with label next bank to go kaboem. Show all posts
Showing posts with label next bank to go kaboem. Show all posts

Monday, April 14, 2008

Will the (now Socialist) US government bailout the biggest bank in the US: CITIGROUP (with our tax money)?

This chart never ceases to amaze me.
Bear Stearns 1-year chart

Citigroup 1-year chart
Or will they have to sell the company (C) on the cheap to some Arabic-oil-Bush-related-country?
Printing all those dollars was apparently not such a good idea, Alan and Ben...