genieinthebottle

The U.S. sold off its last Citi shares; how’d we do on that bailout?

shortformblog:

  • 0 the number of Citi shares the U.S. owns as of today; good riddance
  • $45B the amount of money the U.S. infused in Citi during the great bailout crisis of 2008
  • $57B the proceeds the U.S. made on the bailout investment (golf clap; good show, chaps)
  • $12B the amount the U.S. has profited from Citi – wait, we made money on a bailout? source

Source: shortformblog

7 December 13 shortformblog

Notes

  1. quotingthecrisis reblogged this from shortformblog
  2. mwilliam2832 reblogged this from shortformblog
  3. genieinthebottle reblogged this from shortformblog
  4. theonlyplfrmat said: You forgot about inflation. We actually lost 50% of GDP on the deal. Curse you, Bernanke!
  5. madeincuracao reblogged this from shortformblog
  6. shortformblog posted this

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