Government could own up to 36 pct. of Citigroup

Discussion in 'Politics, Religion, Social Issues' started by rdowns, Feb 27, 2009.

  1. rdowns macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #1
    As a soon to be owner of Citigroup, I propose we change their logo and rebrand ourselves. :rolleyes:

    I'm torn between these 2.

    [​IMG][​IMG]

    Link


     
  2. edesignuk Moderator emeritus

    edesignuk

    Joined:
    Mar 25, 2002
    Location:
    London, England
  3. rdowns thread starter macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #3
    Puhleeze. RBS's losses are amateurish when compared to Citi and some other large US banks.
     
  4. edesignuk Moderator emeritus

    edesignuk

    Joined:
    Mar 25, 2002
    Location:
    London, England
    #4
    O RLY?

    £24bn ($34bn) loss last year alone, and we're having to guarantee >£300bn of toxic debt for their stupid arses.

    They've already had a £20bn bailout, and have another £13bn coming, with a further £6bn at the ready.

    (hope I've remembered all that right)

    F***ers.
     
  5. mactastic macrumors 68040

    mactastic

    Joined:
    Apr 24, 2003
    Location:
    Colly-fornia
    #5
    Socialists! :eek:
     
  6. Thanatoast macrumors 6502a

    Thanatoast

    Joined:
    Dec 3, 2002
    Location:
    Denver
    #6
    Yeah, Geithner's plan of "give them more money" seems uninspiring to me. We should've let the FDIC do it's job and re-structure the bank. Now that we're common shareholders it's more in our interests to keep filling the trough. Funny how the new plan seems eerily similar to the old plan.
     
  7. PcBgone macrumors 6502

    PcBgone

    Joined:
    Feb 3, 2008
    #7
    Meet the New Boss, same as the Old Boss
     
  8. obeygiant macrumors 68040

    obeygiant

    Joined:
    Jan 14, 2002
    Location:
    totally cool
    #8
    Sorry, we've already reached our weekly quota of "The Who" references.
     

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