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Obama is a socialist. The Feds took 34% of Citigroup--for $25 billion. If sold today, the government would get $31 billion--a 25% profit in less than a year, not bad.
But, the bank is having trouble holding qualified executives and can not get qualified folks, since the government is setting pay and bonuses.
So, the CITIGROUP folks want to repay the $20 billion outstanding--but Obama REFUSES to accept the final payment. He prefers to own a bank, control the banks and decide fiscal policy for America.
This is why he can not be trusted. Like organized crime, once government has a hold of a business, it does not let go.
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But, the bank is having trouble holding qualified executives and can not get qualified folks, since the government is setting pay and bonuses.
So, the CITIGROUP folks want to repay the $20 billion outstanding--but Obama REFUSES to accept the final payment. He prefers to own a bank, control the banks and decide fiscal policy for America.
This is why he can not be trusted. Like organized crime, once government has a hold of a business, it does not let go.
More...