Monday, November 24, 2008

Citigroup Gets $20 Billion Bailout from Bush & Paulson.

The Bush administration come to the rescue of Citigroup, throwing the banking giant an additional $20 billion lifeline to help it clear a mountain of bad debt and boost confidence amid a sagging share price( $4.00 today).Congressman Frank expressed his outrage over the refusal from Paulson to help Americans affected by the foreclosure crisis.

read more | digg story

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