Sunday, December 12, 2010

Is your bank sucking on the government teat?

http://projects.propublica.org/tables/treasury-facilities-loans

CITIGROUP NY 370(loans) $2,427,866 $110,350 $2,020,219 $297,297 these amounts are in millions so add a few more zeros on them. Normal businesses would have failed and then the assets sold to the highest bidder renewing the business cycle. But no, in bizarro world these banks lost big time and then the taxpayers are covering the bad debts.

Our economy will burn up and fail if the fraud is not brought out and prosecuted.

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