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December 7, 2010

22:54 • 2 years ago

The U.S. sold off its last Citi shares; how’d we do on that bailout?

Tags: bailout bailouts citi citibank profits 13 • Permalink

0 the number of Citi shares the U.S. owns as of today; good riddance

$45B the amount of money the U.S. infused in Citi during the great bailout crisis of 2008
$57B the proceeds the U.S. made on the bailout investment (golf clap; good show, chaps)
$12B the amount the U.S. has profited from Citi – wait, we made money on a bailout? source

Adapted from Tumblr Related Posts by Dom Claxton

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theonlyplfrmat said: You forgot about inflation. We actually lost 50% of GDP on the deal. Curse you, Bernanke!
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