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Monday, September 29, 2008

Citi Buys Wachovia's Banking Division

Citigroup Inc. bought out Wichovia's banking division today. They will absorb up to $42 billion of losses from Wichovia's $312 billion loan portfolio. The FDIC will absorb the remaining losses. UNBELIEVABLE!

8 comments:

Anonymous said...

I hope they fail, I bet they are two votes shy.

Anonymous said...

COME ON nays.

Anonymous said...

The republicans are fighting for us.

Anonymous said...

Those bastards stood up for once and listened to the American people.

Anonymous said...

Who controls the media, Who controls the money???

Anonymous said...

What a bunch of idiots! Do any of you really think it's good for the country or yourselves for the stock market to tank 800 points in one day? Get your ditto heads out of your asses. We are in trouble and you guys are drinking the Kool Aid.

Anonymous said...

What about Suntrust?

Anonymous said...

I keep reading about Republican this, and Democrat that. What is wrong with Americans? Can't we discern the propaganda, lies, and manipulations? Don't we have ears with which to hear? Don't we have eyes with which to see? Why do regular Americans think these politicians (of either party)care about them? They are lying to us! They are tricking us into a we/they nightmare, from which we will never awaken!