Monday, December 14, 2009

Citigroup To Pay Off TARP Loan

“We are pleased to be able to repay the U.S. government’s trust preferred securities and to terminate the loss-sharing agreement,” the chief executive, Vikram S. Pandit, said in a statement. “We owe the American taxpayers a debt of gratitude.”
How about thanking us by lowering your credit card rates to something a little less akin to a loan shark?

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