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Showing posts with label Robert Manning. Show all posts
Showing posts with label Robert Manning. Show all posts

Thursday, March 20, 2008

Citibank is technically insolvent


That's what Robert Manning said to the Italian magazine Il Manifesto and I found reproduced in Sin Permiso:
Citibank is already insolvent and may not survive.
Hmm... I never heard before of that Bear Stearns bank nor Thronburg Mortgage. But Citibank is something to worry about, I guess.