Citigroup's Clever Plan to Screw Taxpayers Again

Citigroup's Clever Plan to Screw Taxpayers Again

finance.yahoo.c om

And what will the US taxpayer get for this preferred stock conversion? 40% of the company for some of its $45 billion of preferred, say reports. The reports add that Citigroup's goal here is to keep the US's ownership under 50%, so this won't be a de facto nationalization.

(visit the link for the full news article)

hm..very interesting. Nationalisation of the loss, privatisation of the profit will continue. However, DOW/S&P does not like it! Today UK aounced 500 billion £ for the banksters (that is 15 000 £ per working person) . I wonder what should be our reaction.. should we simply ignore the currency and start trading with gold??

finance.yahoo.c om
(visit the link for the full news article)

reply to post by sty


Screw that; if it's tax payers billions, and if the government is essentially going to "bail them out" too, we should own that mo-fo, & liquidate as many assets as possible to replenish our treasury in order to get back onto some kind of tangible standard. I'm sure that will piss off the Morgans and the Saudi's but oh well, maybe they'll realize how easy they had it before they all got way too damn greedy.

The difference between the bank-and-crash-them tactics these guys use in the 3rd world countries in relation to what they're trying to do here (again); is that we all can read a lot better now, and for those who don't have the attention spans to read, they have youtube

Make no mistake, their puppets in the gov will give them what they want, just as they have been doing, over and over again. It will continue until the people have no choice but to rise up and take a stand against this raping and pillaging. These thugs are painting us all into a corner with their endless greed and criminality.

Gold is almost $1000/ oz. Despite the fact that I, and many others, want to buy some, there is no way I can afford it. No, I think we'll see a return to a barter oriented system.

Forget sending angry letters to your representatives. Lets get the names and addresses of these cats and start sending them letters. (non threatening ofcourse). Lets get their email addresses and proest right outside their homes. Your reps will do nothing, but if we make all these bankers so uncomfortable and their families, maybe they'll be scared at least a little straight. How would you feel if every time you came home to your family there were a few hundred very very angry people waiting for you?

reply to post by CeltAngel


You are right,imo. There are many things that are of considered value other than gold & silver. Hand tools and the ability to use them. IF it all comes crashing down on our heads,the need for people with mechanical expertiese,carpenter/woodworking experience,and metal working just to name a few. Barter and trade has become a lost art,imo. People should return to the use of the practice. It sure looks as if soon,money will not be worth much,skills however will always be in demand.

reply to post by sty


Citicorp major investors are not America now, they did in the beginning but now is most owned by Saudis.

Citigroup negotiates bailout by Saudi prince, Chinese bank

Prince Alwaleed bin Talal is poised to once again come to the rescue of Citigroup Inc.

This time, the Saudi billionaire is expected to be joined by other investors, including the China Development Bank, people familiar with the matter said.

While it isn't clear how much Prince Alwaleed will invest, the Chinese entity is expected to invest roughly $2 billion, one person said. Prince Alwaleed's total stake in Citigroup is likely to remain below 5% in order to avoid regulatory scrutiny. However, given that Citi has a stock-market value of $140 billion, even a 1% stake would end up being a significant sum of money.

www.gata.org...

I am so out raged is not funny, our whore government keeps infusing money into this banks that are not even Americans with tax payer money and their private status help made sure that we the American tax payer gets crew all the way around.

Somethings we as Americas should actually sit and think very hard as who actually our government supports in this nation.