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  #11 (permalink)  
Old 11-25-2008, 02:51 PM
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Bailing out the Mets and Central American banks.


The Citigroup bailout;
Quote:
Citigroup Buys Banco Uno
The largest US bank, Citigroup, purchased Grupo Financiero Uno, which has a presence in Central America, according to an announcement by the company.

The amount of the transaction was not stated, and it is subject to approval by regulatory agencies.

Grupo Uno owns Banco Uno and Aval Card in Costa Rica. It also has operations in Guatemala, Honduras, Nicaragua, Panama and El Salvador. It has a capital of us2.1 billion dollars and over 1 million clients, principally in credit cards, 75 branches, 100 offices and points of sale.
Citigroup Buys Banco Uno
Quote:
On another note Citi is paying for the naming rights to the Mets stadium. So again the American taxpayer is effectively paying for the Mets "20-year, $400 -million naming rights deal."
Citigroup sheds workers, keeps Mets deal -- Newsday.com
So US taxpayers are effectively bailing out THE WORLD.
.
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  #12 (permalink)  
Old 11-25-2008, 02:54 PM
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we were destined to own the planet anyway
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  #13 (permalink)  
Old 11-25-2008, 02:59 PM
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How can Citi afford to buy anything? lol
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Old 11-25-2008, 03:06 PM
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Quote:
Originally Posted by Psyclist View Post
How can Citi afford to buy anything? lol

yeah, i was thinking the same thing... did Citi buy it or the Government??
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Old 11-25-2008, 03:38 PM
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Citi bought the naming rights long before the economic crisis from what I heard. They won't be allowed to cancel the contract according to the stadium owner(s)...

Quote:
Originally Posted by NewC View Post
we were destined to own the planet anyway
Yeah, we need to reinstitute American Imperialism and Manifest Destiny!!!

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  #16 (permalink)  
Old 11-25-2008, 03:40 PM
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i agree. lets start with cuba and puerto rico.
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Old 11-25-2008, 03:44 PM
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Quote:
Originally Posted by NewC View Post
i agree. lets start with cuba and puerto rico.
Yeah! Then conquer Me'h'ico, Canada, and the rest of South America starting with Venezuela. Then we conquer Europe, except France-we just kill off all the Frenchies to keep from polluting the gene pool any further.... and so on.
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  #18 (permalink)  
Old 11-25-2008, 03:53 PM
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Bailouts are generally not a good idea, unless they result in more fluid credit availability.
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Old 11-25-2008, 04:49 PM
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Quote:
Originally Posted by Psyclist View Post
How can Citi afford to buy anything? lol
Monopoly money
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Old 11-25-2008, 04:55 PM
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So how much is CitiGroup CEO going to pocket with his bonus, benefits, ect?
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