Citigroup play their bankers' hand and endorse Cut, Cap & Balance

[Vicar In A Tutu]

So...the measure which would really make the shit hit the fan is one which would help the country retain its AAA credit rating in the eyes of in-no-way-disgustingly-greedy bankers. Draw whatever conclusion you like from that.


http://www.politico.com/news/stories/0711/59837.html

[Dawson Leery]

1. Citigroup and company are no one to speak about being over leveraged.

[southerncrone]

2. Well, bowl me over.

:hangover: :sarcasm:

[Raine1967]

3. CC&B died in the senate last week.

Are they really endorsing a dead deal?

Seems pretty stupid even for the banksters, no? Am I missing something here?

[Vicar In A Tutu]

5. They didn't overtly say "We endorse this!" but...

pulled a silly little chart out of their ass which stated that the US would lose its AAA rating under any proposed bill but that or Gangreen Of Six.

[autorank]

4. Seriously, Why would ayone believe Standard 7 Poor's

let alone CitiGroup. The financial powerhouses are a Confederacy of Dunces!

http://economicpopulist.org/content/decline-and-fall-why-would-anybody-believe-standard-and-poors