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| Home Front Economy |
| CitiBank drops 33 billion in net worth this week. |
| 2007-11-09 |
| Posted by:3dc |
| #4 It's funny you use the word S&L, I was just thinking that this is the biggest swindle to come down the pike in a long time. Arent these the same assholes that started giving loans to illegal aliens? Seems I cant find the tears to cry for Citi. |
| Posted by: bigjim-ky 2007-11-09 17:05 |
| #3 Another domino falls. (how do I insert a graphic of one of those giant domino displays where you tip the first one and 10000 more fall in succession?) Read today that Bernanke is talking about the need for a taxpayer-funded bail-out of the housing market to the tune of $100B dollars!! (think: S&L writ large). Just what we fucking need: another giant bail-out of folks who let greed cloud their judgement. Makes me sick. |
| Posted by: Geoffro 2007-11-09 11:20 |
| #2 Ouch. Well, that is what happens when you loan money to people who are considered "risky". Like my parents. I wouldn't loan them $5. Give maybe, 'cuz you would never see it come back. |
| Posted by: DarthVader 2007-11-09 09:31 |
| #1 Barlays Bank next? |
| Posted by: Bright Pebbles 2007-11-09 07:10 |