Angry Banker

Citi Is a Dog: Go Long at Your Own Risk

Good article. But consider this as well. With Uncle Sam owning 34% of the company, even with fickle politicians messing with the levers, don't you think Obama's a smart enough politician to want to try make sure the government gets a good return on his investment (he did in fact back off of the 90% bonus tax after after he let his liberal cohorts get some more populist support from their ranting and raving)? With such a highly motivated owner, who also holds the power to give Citi every competitive advantage over other firms with no government ownership, it may actually be a good thing to have Uncle Sammy as a fellow investor.