Disgrace (www.prospect.org) TMC

A year ago, Citigroup was trading at $30. By the end of last week, it was at $3.77. And by the end of the weekend, the government had agreed to inject $20 billion of straight capital, shoulder any losses beyond $30 billion, and essentially insure $307

Tags: tmc,citigroup,government bailout,robet rubin,chuck prince,banks

Submitted about 1 year ago by cdoherty | 0 Comments |

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