2/27/09
Another same bail-out style of AIG makes Citigroup (C) now becoming American Bank. It is owned by Washington now as of today. However, the conversion rate is way rip off to taxpayers. Again, those politicans and wealthy people are taking away more of taxpayer money. F?#% them all!! I have no confidence on current New adminstration, New government, and New president!! We will see if the recuse action on Bank work or not. Our government admits and creates one more blackhole to suck all of us. RIP to Citigroup stockholders, C is going to trading below $1 mark soon.
Again, good luck to whoever still invest in banks stocks.
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