Citigroup, that beautiful Mom and Pop bank, is writing down 20 BILLION dollars. Whoops.
How does one company lose 20 billion dollars? Its hard for the government to lose that much money, and we have Bush in charge of things. 20 billion dollars. Its so ridiculous.
On a happier note, Bank of America is buying Countrywide, which is awesome. Because BOA + Countrywide can lose WAY more money than the two companies could individual. C'mon Bank of America! Hit the 21 billion mark! Beat those Citigroup wimps!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment