Govt To Make $7B From Citi Bailout

[svelte]

Looks like loaning money to Citi and taking shares in exchange is about to pay off big for the US government.

http://www.msnbc.msn.com/id/36081439/ns/business-us_business/

[desmond]

Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one!

[desmond]

Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one!

[desmond]

Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one!

[desmond]

Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one!

[desmond]

Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one!

[svelte]

[quote=desmond]Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one![/quote]

I didn’t ‘forget’ to mention them, desmond. The article was about Citi! There are enough people bitching and moaning on here about the other things the government is doing, I figured I’d point out something good…

[svelte]

[quote=desmond]Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one![/quote]

I didn’t ‘forget’ to mention them, desmond. The article was about Citi! There are enough people bitching and moaning on here about the other things the government is doing, I figured I’d point out something good…

[svelte]

[quote=desmond]Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one![/quote]

I didn’t ‘forget’ to mention them, desmond. The article was about Citi! There are enough people bitching and moaning on here about the other things the government is doing, I figured I’d point out something good…

[svelte]

[quote=desmond]Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one![/quote]

I didn’t ‘forget’ to mention them, desmond. The article was about Citi! There are enough people bitching and moaning on here about the other things the government is doing, I figured I’d point out something good…

[svelte]

[quote=desmond]Yes, and here are some of the other investments you forgot to mention:

Despite the returns from Citi and other banks, analysts and even the Treasury Department predict the bailout will wind up costing taxpayers at least $100 billion. The bailouts of mortgage giants Fannie Mae and Freddie Mac, which were not included in TARP, will add billions more.

But the Citi investment was a good one![/quote]

I didn’t ‘forget’ to mention them, desmond. The article was about Citi! There are enough people bitching and moaning on here about the other things the government is doing, I figured I’d point out something good…

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