The Blog Of The Securities Industry Professional Association

The Emperor’s Shiny New Coat

The cost of corruption by our Government and the prospects for the future. On September 29th 2008 Citibank announced they were buying Wachovia Bank for a whopping $1.00 and that the Federal Government (FDIC) would provide them with up to 300 BILLION in bad debt protection. (cnn article here) The announcement caught this writer by […]
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