Last month’s federal backstop of Citi attracted some catcalls for letting the struggling bank’s management and shareholders off easy. But to former AIG chief Hank Greenberg — a persistent critic of the tougher terms the government has enforced in its rescue of the teetering insurer — the Citi deal is a paragon.(emphasis mine)
02 December 2008
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Corruption
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Finance
,
regulation
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Stupid
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