Friday, November 21, 2008

Will the US Govt be Proud Owners of CitiGroup

Here is Brad DeLong advocating Nationalization.

Here John Hempton of the Bronte Capital blog details what the process would look like.

Here John Hempton explains why Sheila Blair (FDIC) tried to force an inferior deal between Wachovia (and for the taxpayer) and Citigroup as opposed to the resulting deal with Wells Fargo.

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