Citigroup has been bailed out.

[manlymatt83]

Just in from CNN: U.S. government says it will provide protection for Citigroup assets and invest $20 billion, according to CNNMoney.com

(news link coming soon once it posts, but they have closed a deal)

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I'm locking this thread 'cause it's a repost of an ongoing OT discussion.

Zim Hosein

Off Topic Moderator.

 

[Newbian]

P&N <----

 

[rudeguy]

Originally posted by: Newbian
P&N <----

No, thats a weird green head

 

[KLin]

20 billion according to breaking news banner on http://www.cnn.com

 

[KLin]

http://money.cnn.com/2008/11/2...postversion=2008112319

 

[Engineer]

They threw in 20 billion into Shittybank er...Citibank and said screw you to the auto industry, lol.

 

[Newbian]

Originally posted by: rudeguy

Originally posted by: Newbian
P&N <----

No, thats a weird green head

P&N?
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[child of wonder]

What a load of shit. I worked at Citibank just 6 years ago and they were making $14 billion in profit PER YEAR.

Let these fuckers fail.

 

[KLin]

Originally posted by: Engineer
They threw in 20 billion into Shittybank er...Citibank and said screw you to the auto industry, lol.

I bet the CEO's will hightail it back to DC on their private jets and say "WTF?!?"

 

[ConstipatedVigilante]

Originally posted by: Newbian

Originally posted by: rudeguy

Originally posted by: Newbian
P&N <----

No, thats a weird green head

P&N?
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\/

No, that's a black guy.