Open a book on Finance for that simple and irrelevant calculation that you did?
Funny.
An appeal to nebulous authority! ;o)
FYI on C from the recent financial article in the Times:
“As a result, the government has handed Citigroup $45 billion under the Troubled Asset Relief Program over the last year. Through the Federal Deposit Insurance Corporation, a major bank regulator, the government has also agreed to back roughly $300 billion in soured assets that sit on Citigroup’s books. Even as other troubled institutions recently curtailed their use of another F.D.I.C. program that backs new debt issued by banks, Citigroup has continued to tap the arrangement.
Citigroup is also one of only two TARP recipients so desperate for capital that they’ve swapped government-issued shares into common stock, diluting existing shareholders. (GMAC, the troubled auto lender that may receive another government infusion, is the other.) “
Of course not. I am sorry to see you read my post so carelessly.
I stated quite clearly that the calculation was easy and did not mention any book in that context. If you made that calculation at least once in your life, then that alone, even without reading, would preclude some of the silly things in your post.
I suggested that you may want to read something on the subject before arriving at conclusions and making claims. At the present time, almost every statement you make is unamnbiguously wrong and simply screams that you have not a clue about matters on which you pass judgment.
Have a good day.