Shitty Bank oops Citibank gets 3rd Bailout; Disgusting
In the third bailout of Shitty Bank oops Citibank, the U.S. Treasury Department plans to convert $25 billion of its preferred securities into common stock provided other private holders agree to the same terms. If the latest round of bailout goes through, the U.S. government’s stake in Shitty Bank will rise to 36% from 8% […]