$345 billion later and CitiGroup wants yet another handout. Citi on Fire? [Forbes.com]. Let them fail, I say! It is way past time for this totally mismanaged, complete waste of taxpayer money to stop. Accounts are insured and it is most definitely not the responsibility of the US taxpayer to maintain the financial solvency of financial institutions, no matter how large. A little fiscal discipline from the marketplace may be just what those morons on Wall Street need, for some real change!
Posted via email from glenn's posterous