GoBlue

Nationalize Citigroup and Bank of America

Communism is not the answer. Citi was bankrupt in 1990 to....then they went on to out earn Europe over the following 2 decades.....This is not a GM situation....Citi may not have been optimal, but they sure did earn money until this crisis..... Kick the can until they're profitable again, then they'll be able to raise all the common they need and pay off the govt. That's the only plan that doesn't lead to a depression. They will earn their way out of it if given the time. Now would be a good time to outlaw all short selling of systematiclly important finacial companies, now and forever.....make it an amendmet....Then get rid of the ratings agencies and find out who is paying these guys off.....Who killed LEH and WB? MOODYs! Time to strip them of their destructive power..... Citi has raised about 115 BILLION iver the course of this crisis, how much more money could a company need? BAC has also raised SERIOIUS capital....Frankly, the market still seems to be valuing all liablities at zero.....Not reality....