swingforthefence

The Duplicitous Sheila Bair

Oh please ZF! You think Citi wouldn't take the same advantage from the bailout deal??? And then turn around and add to the 60 billion they have already blown? Wells is in a better position to absorb the losses. Bair's job is not to analyze the legalities and she may have faced some of her own if she failed to produce the offer to Wachovia. Stick to your day job (Citi Teller).