2009-03-06 — ml-implode.com
``When the government took control of 36% of Citi’s common equity in its latest rescue, many thought the government was 36% closer to nationalizing the bank outright. That is false. Citi’s equity is now worth close to $0. 36% of $0 is still $0.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.