Doublespeak — We’re Not Going To Nationalize

What would they call this, then?
A new Citigroup deal has finally been announced by the Treasury. The government will convert $25 billion in preferred shares to common shares. The move could give the Treasury close to a 36% stake in the company. The government’s influence is becoming apparent. Citi will eliminate its dividend and is […]

From The Liberty Papers

Tags: , , ,

Blogged under Libertarian News on Friday 27 February 2009 at 3:55 pm

Proudly powered by Wordpress