very strange...I thought they had no money
maybe it was all orchestrated to wipe out investors’ wealth in the US and then buy-back these bad loans for pennies on the dollar and the taxpayer gets stuck with the difference of the original value and what citi rebuys it for; ie, a corporate-led way to redestribute the wealth and power in the us?
that’s pretty convuluted, but if Citi was so bad off, how did they have a profit showing in last month’s report and how could they possibly afford to buy up bank debt; sorry, this just doesn’t add up
it’s late and maybe my mind is just tired or overworking or I’m overly suspicious...