Doug Henwood wrote:
Last time Citi got in trouble, after the collapse of the 80s leveraging mania, they were effectively nationalized.
which may be the case the case today as well, given ADIC's public ownership.
Can we concede to the Bush Government that it has managed to shore up ME regimes against local social malaise by flushing them with petrodollars? this may well have been one of its major aims.
Ulisse
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