Archive for the ‘stimulus’ tag
Citi, Stimulus Plan, Economic Advisors
A lot of big news yesterday. First, another massive bank came to the brink of failure, only to be rescued by the U.S. government. Citigroup, whose stock price had fallen precipitously in the past weeks, received a capital injection and government guarantee of some of their most toxic debts. It was not an inexpensive move:
The U.S. is a partner [...]
