Thursday, November 27, 2008

Thomas Friedman: Citigroup Failed Every Step of the Way

Citigroup was involved in, and made money from, almost every link in the chain that resulted in the recent economic collapse. And the bank’s executives, including the former Treasury Secretary Robert Rubin, were clueless about the reckless financial instruments they were creating. These are the people whom taxpayers bailed out on Monday.

read more | digg story

No comments:

4-24-2024

Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids   The Russian Hacker Group Sandworm is Back: New Kapeka ...