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Don’t Tell Me Citigroup Doesn’t Deserve A Bailout!

January 15, 2009 By smalltownguy

From Bloomberg News Service we learn that:

Jan. 15 (Bloomberg) — Citigroup Inc. plunged as much as 25 percent in New York trading on concern the bank may be forced to seek more government assistance on top of the $45 billion of U.S. funds that it already received.

“Citi’s got their hand out from now ’til the end of time,” said Peter Kenny, a managing director in institutional sales at Knight Equity Markets in Jersey City, New Jersey.

But wait. Citi is doing something really important, selfless, and civic minded! It’s the Speakers Series, 2009, at the Wang Center, titled (no hyperbole here) “Minds That Move The World.” This includes (be still, my beating heart):

Bill Maher and Ann Coulter March 10); Charlie Rose Interviewing James Carville and Karl Rove (May 27) ; Soledad Obrien Interviewing Al Sharpton, Lisa Ling, and John Quinones June 9). And the capper, Al Gore (March 30).

Please, take a moment and think about this lineup. What was Bill Maher thinking-much less Al Gore)?  Oh yeah, the money. Carville and the rest we know about.  Money? Please rush and get your tickets now. One seat in Row “L” is only $118 plus $14 “service charge” plus $2 “handling charge,” for a total of $134, and if that aint a good deal I don’t know what is. And you can charge it on your CitiCard! Does the phrase “Hacks and Whores That Move The World” come to mind. Yep.

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Filed Under: User Tagged With: bailout, citigroup, free-marketplace-of-ideas, hacks

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