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Fast Money Recap - Who Cares about the Citi Rally? (11/24/08)

Investors should care. Here's why.

The purchasing strategy does not work because sellers do not want to sell the assets that are still performing.

With the new strategy, the Treasury will act as an insurance company. Taxpayers are protected, because the Treasury will get paid for insuring the investments. The insured invesments may carry an implied rating of AA or AAA. Citi will continue to hold the investments until they pay off or until they are sold. A very efficient model. Shareholders are not wiped out. Capitalism is saved! The stock market should appreciate this strategy much more.