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Why Bailouts are a waste of time and Taxpaer $$$ or CITI Shares Go Down 10%+ in one day…

Why Bailouts are a waste of time and Taxpaer $$$ or CITI Shares Go Down 10%+ in one day…

By PUMA Pundit on January 12, 2009

How much money did Bush pump into the financial services sector in the last few months?Anywhere from 500 billion to over a trillion, yet Citi’s decline continues. This is why the invisible hand of market forces and not chucking aside free market principles is the proper way to revitalize the economy. WSJ After a tentative [...]

Posted in Economy | Tagged bailout, citi, citigroup, dow jones, smith barney

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