Friday 15 May 2009

Citibank

So you have a situation like Citibank, which is worth, I think, the last I checked, $21 billion on the books, but yet $45 billion of taxpayer money has gone in. So, by all rights, American taxpayers should own Citibank more than twice over, which would mean they could direct Citibank to issue credit in the interests of taxpayers, in the interests of the public. But clearly, that’s not happening, or these factories wouldn’t be closing.

http://www.democracynow.org/2009/5/15/fire_the_boss_naomi_klein_avi

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