The federal government is in talks with Citigroup Inc. to increase its ownership stake in the troubled bank, the Wall Street Journal reported Sunday, citing sources the newspaper did not identify.
The government could take as much as a 40 percent share of Citigroup’s common stock, stoking fresh speculation about the nationalization of several large U.S. banks amid steep losses in the financial sector and potentially triggering a new round of stock selling when the markets open on Monday. Read more
Its starting!! “New World Order” comes to mind!
(1) Every American Will Pay the Price of Gross Ignorance: Obama Supporters Will Get ‘Chains’ instead of ‘Change’
Life, property, speech and guns, are at the foundation of American freedom and the corrupt Chicago cabal now in charge, is aggressively coming after all of them.
Obama’s “economic bailout” is a global socialist buyout of the U.S. free market system. ALL private property is under siege, as advised by George Soros