The Obama USA Treasury citigroup bailout deal

Citigroup part owned by the us taxpayer,
Citigroup part owned by the us taxpayer,

The Obama Bailout for Citigroup

The Obama Citigroup deal originally came about in 2009

After the crash of Lehman Brothers started to compound the level of over gearing debt on the economy, Citigroup borrowed from the tax payer, through the government, at a cost

At the time the deal caused massive controversy. President Obama proposed to the members of congress that this would be part of the $1 trillion+ government stimulus package that was suddenly required to stop a global money market melt down.

What Caused the meltdown?

Have a read at these hubs:

Sell the Citigroup shares now?

  • YES, GET DA MONEY AND RUN!
  • NO, WAIT TILL THE NEXT CRASH
  • I DONT CARE ABOUT THIS! I WANT FUNNY PICTURES!
See results without voting

Cash in Citigroup For US Taxpayers

As Obama was playing basketball at a local basketball court, he slammed a dunk in, and then shouted over to his friend Joey Snowball from the morgan stanley investment group, 

"Yo snowball! Obama shouted "when's a good time to cash in debt?"

"how bout now?"

"Yo, thats nice, high five!" 


More by this Author


Comments

No comments yet.

    Sign in or sign up and post using a HubPages Network account.

    0 of 8192 characters used
    Post Comment

    No HTML is allowed in comments, but URLs will be hyperlinked. Comments are not for promoting your articles or other sites.


    Click to Rate This Article
    working