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Posted: 8:39 a.m. Monday, Nov. 24, 2008
By Neal Boortz
Citigroup seems to be next. Remember the announcement last week that Citi was laying-off about 52,000 workers? Well now the government ... that means US ... is going to absorb tens of billions of dollars in Citibank losses.
Who's next? Well, how about the airlines? Oh, and the TV Networks are complaining about lost ad revenue, and since they were some of the largest consumers of the Obama Kool-Aide maybe some money ought to go their way. My guess? Look for some plan to bail out consumers over-extended on their credit cards.
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