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Citi to be nationalized? Maybe, CNBC reports that traders are passing the rumor around.

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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-15-09 03:28 PM
Original message
Citi to be nationalized? Maybe, CNBC reports that traders are passing the rumor around.
We never seem to be able to get the straight story out of these crooked companies, so heads up to those out there who have Citi accounts. Can't post anymore, because there is no more.

On the other hand, tomorrow is Friday, and they usually let the cat out of the bag then to minimize damage to markets.
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Cleita Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-15-09 03:32 PM
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1.  I hope so. It's about time to do the right thing instead of just handing
money to them to squander with no accountability.

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EconomicLiberal Donating Member (554 posts) Send PM | Profile | Ignore Thu Jan-15-09 03:32 PM
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2. It would be a good idea.
Those balance sheets need a nice hard look and some restructuring needs to take place.
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