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To: Dilbert San Diego

Easy fix. Citgo is owned by the government of Venezuela. Trump should seize it!


23 posted on 04/21/2017 10:57:23 AM PDT by neverbluffer
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To: neverbluffer

Problem is, Citgo isn’t worth much. The commies tried to sell it for $10 billion and couldn’t even get counter offers. They issued about $3 billion in debt to upstream cash to the commies. Liquidation probably probably wouldn’t do much more than cover the bonds. It’s not like there’s a whole lot of goodwill to sell.


47 posted on 04/21/2017 3:39:41 PM PDT by PAR35
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