I will take that as a no, that we are not being paid for the guarantee that we are----
William Warren
The Public Record
We don't want to be a shareholder in that company and we think that companies are far stronger if they're public--if they're financed out of the public, rather than the government.
But of the original nine that needed money within weeks of the original TARP infusion--you got $25 billion, someone said you--the Secretary of the Treasury said you were financially healthy, and within weeks you needed another $20 billion…
Please don't tell me about advocating change for the future. What I'd like to know is what are you doing to manage the risks that are in front of Citi and facing the American people, right now?
Used in the manner that protects home values, college funds, retirement accounts and life savings, and preserves home ownership and promotes jobs and economic growth.
Instead of that, why don't you concentrate on breaking Citi into more pieces, so that no one piece is too big to fail?
Citi continues to pose significant systemic risk. In fact, Citi is often cited as the poster child for 'too big to fail.'
I think it would be hard to make the case that we can see some date in the immediate future when Citi will not be too big to fail.





