Showing posts with label Citibank. Show all posts
Showing posts with label Citibank. Show all posts

Friday, December 14, 2007

Lead, kindly light

A glimmer of hope: Citibank's new boss has opted to put liabilities back onto the balance sheet, much to Karl Denninger's satisfaction.

Perhaps, after the next election, a new US President, with the strength of a fresh mandate, will be also able to act so decisively.