Citigroup has $1.23 trillion in risk-drenched off-balance sheet assets, which is more than the gross domestic product of India and more than twice the projected budget deficit for the entire U.S. government in fiscal 2009. -- Heidi N. Moore, Wall Street Journal, November 24, 2008
From the January 2009 issue of Boomer Market Advisor • Subscribe!
Why was Citigroup bailed-out? Oh, yeah ...
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