Sunday, March 1, 2009

Is Citi the final stop on the road to depression

http://zerohedge.blogspot.com/2009/03/creeping-equitization-of-citis-capital.html

We can only hope in the process Geithner does not royally anger someone really important along the way as it forces them to convert into a chunk of more and more diluted common stock.


The mind field is getting denser for Tim. Hope he walks very carefully.

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