3.28.2010

Communist Obama to make U.S. an $8 billion profit on Citi bailout

Communism fail
Washington Post via Cesca

The Obama administration is making final preparations to sell its stake in the New York bank, according to industry and federal sources. At today's prices, the sale would net more than $8 billion, by far the largest profit returned from any firm that accepted bailout funds, and the transaction would be the second-largest stock sale in history.

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