Quote:
Originally Posted by Nancy
So where are we at with the bailouts now? I heard Obama was facing a trillion dollar deficit first year in office and that most of the bailout money will have been spent by the time he gets sworn in as president. If this were a Latin American country, I'd wonder what was REALLY going on.
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$20 Billion bailout for a company with a market cap just over $30 Billion
Even with out weak currency RBC is now bigger by market cap vs Citi
Maybe a Canadian bank should take a run at Citi
Don't bank on the banks this time!
