Politics
Politics
Out of context: Reply #1950
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- TheBlueOne0
From Above Article:
"Citigroup Inc. is fighting in court to enforce an earlier agreement that would allow it to buy Wachovia's banking operations for $2.1 billion, or $1 per share."
So let me get this straight, Citicorp, who we've already bailed out is using funds in a lawsuit to get a hold of Wachovia, which has even more bad debts in it - whereas Wells Fargo is doing the whole thing privately?
As a partial now-owner of Citicorp I'd like to tell them to stop it - if they have enough money for a lawsuit to put more debt onto their already debt addled balance sheet then maybe they don't need anymore money from the US Taxpayer...
- citicorp isn't one of the banks in trouble. So I'm sorry TBO, you aren't a part owner.tommyo
- Well either way I hate citicorp. If they buy wachovia I close my account....TheBlueOne
- ...and citicorp better not get a dime of that $700 billion then...TheBlueOne
- Well you're in luck because I hear Wells bought it for $7 a share and citi is mad.tommyo
- No one should get a dime of that 700b as far as I'm concerned.tommyo
- Taxpayers are getting fucked here one way or another.********
- tommyo, I agree, that's some major BS letting these cats out with taxpayers money. Hey there were plenty of R's and D's that tried to vote against that.********
- ...that voted against that sorta SHIT********
- Yeah voted against...then when the bill got even worse for us taxpayers they voted for it. Insane.tommyo
- +1DCDesigns