It is a fast world, while last week we were talking about GM’s potential fall, now Citi is acting like Lehman. I am very curious about their capital level after taking such a big loss and has no sign of getting better.
BTW, I am writing my Economics class project about the impact of not to purchase troubled assets by Treasury which was announced around 2 days ago. I believe this is directly connected with Citi’s buy back.
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LiTtLe bAbY Says:
November 27th, 2008 at 4:21 amhaha, my mom told me to check my reward points from citi and get back as much items as we can because citi’s broke! >.<