For awhile there, I started to feel like I was the only one picking on Citigroup, and wondering what everyone else was missing. None of the news looked like it was either calling out Citigroup for some of what’s been going on, or were totally missing the point. I started to wonder if maybe I […]

Well, this was expected. Both Citigroup and Wells Fargo have announced that they’re close to paying off the bailout money that they got from the federal government last year, following in the footsteps of Bank Of America, who did it a week ago. Wells Fargo is going to create $10.4 billion dollars in new stocks, […]

There seems to be a really odd trend going on right now. Three weeks ago, GM announced that they were going to be paying back the bailout money from the government, even though they had posted a loss of $1.15 billion in the third quarter. That seemed to make no sense, especially since they were […]