Citibank Will Eventually Declare Bankruptcy.
drosamahusein asked:
The US Government can’t help bailout Citibank without risking its AAA debt rating. If Congress approves a Citi bailout, it will be worse than the $700 billion given to Treasury/Paulson. Don’t get me wrong, bankruptcy is very bad for the financial system. But bailout then bankruptcy is even worse.Create a video blog…instantly.