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Archive for the ‘Citigroup’ Category

“Big Bailouts, Bigger Bucks”

Posted in Bailout, Citigroup, tagged , , , on November 25, 2008 | Leave a Comment »

From TheBigPicture:
If we add in the Citi bailout, the total cost now exceeds $4.6165 trillion dollars. People have a hard time conceptualizing very large numbers, so let’s give this some context. The current Credit Crisis bailout is now the largest outlay In American history.
Jim Bianco of Bianco Research crunched the inflation adjusted numbers. The bailout [...]

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