World-News

Dean Baker, The Guardian UK: "Most of us work for a living, the rest are bankers. These days the news is filled with great tales about how America's banks are coming back. Even that giant corpse Citigroup is showing signs of life. Its stock is now selling for more than five times the lows it hit earlier this year. Its market capitalization is up near $57 billion, a bit more than the $45 billion that the government lent them through the Troubled Assets Relief Program, or TARP. Some are even expecting that the government will make a profit on its Citigroup investment."

http://www.truthout.org/090109R?n

 

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