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Drudge: Citigroup May Get Government Rescue, Investors Say
Drudge Report ^

Posted on 11/21/2008 2:45:14 PM PST by mathwhizz

FR won't let me post bloomberg content but the link is at Drudge.


TOPICS: News/Current Events; Political Humor/Cartoons
KEYWORDS: 110th; bailouts; citigroup; drudge

1 posted on 11/21/2008 2:45:14 PM PST by mathwhizz
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To: mathwhizz

You know what’s hilarious about Drudge’s site right now? It’s full of near-apocalyptic headlines, and then it shows a nerdy looking Obama saying, “I got the corned beef.” LOL At least we know he’s keeping his local deli in business, for the time being. Nothing like playing the role of Nero fiddling while Rome burns.


2 posted on 11/21/2008 2:47:31 PM PST by ChocChipCookie (Homeschool like your kids' lives depend on it.)
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To: mathwhizz

Of course. In this brave new world no one must face the consequences of their actions.


3 posted on 11/21/2008 2:50:21 PM PST by TheWasteLand
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To: mathwhizz

What’s news about more free money!!!


4 posted on 11/21/2008 2:50:37 PM PST by org.whodat (Conservatives don't vote for Bailouts! Republicans do!)
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To: mathwhizz

A working weekend for regulators...again.


5 posted on 11/21/2008 2:51:39 PM PST by Petronski (For the next few years, Gethsemane will not be marginal. We will know that garden. -- Cdl. Stafford)
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To: mathwhizz
Old: The greater the risk, the greater the reward.

New: The greater the reward, no matter what! Until inflation comes and eats us all.
6 posted on 11/21/2008 2:58:21 PM PST by kc8ukw
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To: mathwhizz; Calpernia; LucyT; Beckwith
Citigroup is full of egotistical managers with their socks in the oil sands of the Saudi Princes.

They had several buy offers for a division of Citibank from well capitalized buyers YESTERDAY, and Citicorp sent them packing.

Now Citi Bank touched the Saudis for a capital hit , but with the price of oil tanking, the princes wouldn't play.

Now its " Bauahahahahahaha" give us government money?

NOT ONE RED CENT OF BAIL OUT MONEY!! NONE!

The Saudis own up to 20 percent of CitiCorp.

LET IT TANK and Sell off its assets.

No tax payer funded bail out for the Saudis!

Where were the Saudis when we asked them to pump more oil? Layin' the screws to America.

Eff Citi Bank and their Saudi backers.

The can sell off divisions and still survive.

We do not need another national bank controlled from abroad.

Citi can become a regional. They earned it.

7 posted on 11/21/2008 3:02:56 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
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To: ChocChipCookie

You know what’s hilarious about Drudge’s site right now? It’s full of near-apocalyptic headlines, and then it shows a nerdy looking Obama saying, “I got the corned beef.” LOL At least we know he’s keeping his local deli in business, for the time being. Nothing like playing the role of Nero fiddling while Rome burns.


Thank G_d President Bush and Paulson are still in charge and are NOT fiddling. They have the situation well in hand. No guarantees after Obama takes over.


8 posted on 11/21/2008 3:12:47 PM PST by FFranco
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To: FFranco

Sure they do - assuming you like to be fleeced...


9 posted on 11/21/2008 3:14:23 PM PST by nicola_tesla (www.fedupusa.org)
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To: FFranco
Thank G_d President Bush and Paulson are still in charge and are NOT fiddling. They have the situation well in hand. No guarantees after Obama takes over.

Say WHAT???

You forgot your sarcasm tag my FRiend...

10 posted on 11/21/2008 3:18:48 PM PST by politicket
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To: mathwhizz

Amazing how few replies this thread has. Everyone else must be out drinking! :O)


11 posted on 11/21/2008 3:23:08 PM PST by library user
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To: Candor7

Did they get any of the “$700 billion” bailout money?

If so, I wonder if we can get our money back.

Now GM wants bailout money and if GM gets it, what about Ford or the other auto makers. It’s crazy that the politicians can take money from the American people and give it out to the largest businesses.

THEY DON’T REPRESENT ME!


12 posted on 11/21/2008 3:24:23 PM PST by smallbiz (Palin 2012)
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To: library user
There's really not much to say..We should know by Monday what the deal is.

The stock has gone so low, there's no bailing out now.

sw

13 posted on 11/21/2008 3:25:18 PM PST by spectre (Spectre's wife)
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To: mathwhizz
The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.

Alexis de Tocqueville

We have met the enemy and he is us

Walt Kelly.

We are so screwed.

mewzilla

14 posted on 11/21/2008 3:25:39 PM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: smallbiz

“what about Ford...”

Ford is doing ok. They downsized over many years cutting costs and plants. But, if GM and Chrysler go under, then the parts suppliers go under and where does Ford go for parts?


15 posted on 11/21/2008 3:42:45 PM PST by OpusatFR (Neither Republican or Democrat. Monarchist with allegience to The Only One.)
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To: OpusatFR

Ford has $156B in long term debt. They are in worse shape than GM.


16 posted on 11/21/2008 3:48:12 PM PST by Comparative Advantage
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To: Comparative Advantage
Ford has $156B in long term debt.

Where do you get that number from? That seems six times higher than reality.

17 posted on 11/21/2008 4:06:40 PM PST by Azzurri
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To: Comparative Advantage

Ok, I see where you got it now.


18 posted on 11/21/2008 4:14:00 PM PST by Azzurri
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To: mathwhizz; All
I am lovin' this. I hope this economy gets in such a mess that all the high expectations the world has for B. Hussin Obama are shattered within 6 months of his first term. And then, watch everybody who voted for him (welfare queens, libs, ultra libs, media, 20 million blacks, mo HOs and HO-mos) turn on him like a pack of rabid dogs.

God forgive me for enjoying this so much.
19 posted on 11/21/2008 9:36:53 PM PST by no dems (George W. Bush: America's last White President. ACORN will see to it.)
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To: Candor7
Candor7: "The Saudis own up to 20 percent of CitiCorp. LET IT TANK and Sell off its assets. No tax payer funded bail out for the Saudis! Where were the Saudis when we asked them to pump more oil? Layin' the screws to America."

According to Victory: The Reagan Administration's Secret Strategy That Hastened The Collapse of the Soviet Union, by Peter Schweizer, the Saudis, at Reagan's request, lowered the price of oil, and increased pumping, to force down the price of Soviet oil on the market. This was a key element in bankrupting the Soviet Union and bringing about the fall of East European Communism.

Thus, the Saudis achieved more for world freedom in modern times, than any other nation in the mideast.

Probably not what you want to hear, but facts are facts.

20 posted on 11/22/2008 12:07:31 AM PST by Proud Paulbot
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