Brahm

Citi Examines Its Carrots and Sticks

The question one needs to browse upon is whether the FDIC has the authority to force a shot-gun marriage with a specific suitor, if the shareholders feel they have gotten a raw deal. Especially if no Federal or FDIC money or gurantees are going to be involved in the deal for the alternative option, ands there arte no limitations with regard to capitalization or anti-trust. I would be surprised if the FDIC (or Sheila Bear) sustains the Citi take over as the only option there is.