Invest and Free Citi

[McMurphy]

Buy low and sell high:

http://www.washingtonpost.com/wp-dyn/content/article/2010/04/26/AR2010042602106.html?hpid=topnews

 

[Couch Potato]

With a paper proffit of $11Billion, explain to me again how taxpayers suffer when companies are "bailed out."

 

[Lloyd Bonafide]

With a paper proffit of $11Billion, explain to me again how taxpayers suffer when companies are "bailed out."

How much money could you make if you were allowed to borrow an almost unlimited amount of money from the Fed at 0.5%, then lend it back to the government at 4.5%, risk-free? You would probably do OK, too.

The taxpayer does suffer in this current arrangement. It just doesn't show up in the short term.