And the hits just keep on coming.International Herald Tribune
U.S. to inject $20 billion into Citigroup
The Associated Press
Sunday, November 23, 2008
WASHINGTON: The U.S. government unveiled a plan Sunday to rescue Citigroup, including taking a $20 billion stake in the firm, whose stock has been hammered on worries about its financial health.
In addition, the government will guarantee as much as $306 billion of risky loans and securities backed by commercial and residential mortgages.
The announcement was made by the Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corp.
"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44