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Henny Sender of the Financial Times and Peter Morici of the University of Maryland provide two takes on the U.S. government’s plan to inject $20-billion into Citigroup.
Henny Sender of the Financial Times and Peter Morici of the University of Maryland provide two takes on the U.S. government’s plan to inject $20-billion into Citigroup.
“This is what happens when a compensation package drives your business plan.” –Peter Morici on the bailout of Citigroup
“As long as the financial sector is sick, the real economy can not be healthy.” –Henny Sender speaking about the U.S. government’s bailout of Citigroup