Citigroup is about to get an $11 Billion dollar windfall from the backs of taxpayers. US citizens will accept an $11 billion dollar loss when government sells their stock in the next weeks. All it takes to figure it out is a bit of simple math based on news reports that contradict the loss claiming it is profit.
AIG, the nationalized insurance giant continues to hand out million dollar bonuses to the same individuals that created the financial frauds that stripped the people of America of their wealth, homes and well being. The government took over AIG last fall and owns over 80 percent of the insurance industry.