Government bails out Citibank again

Carleton Bryant The Washington Times - November 24, 2008, 06:53AM

The federal government has come to Citigroup‘s rescue by giving the banking giant more bailout money, Patrice Hill is reporting.

The Treasury previously had given Citibank $25 billion last month, and on Sunday it ponied up another $20 billion.

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It’s nice to see the bailout working so well. It’s a bit like watching one of those late-night, easy-credit commercials. Need cash fast? Don’t worry. We’ve got plenty.

About the Author

Carleton Bryant

Carleton Bryant is a senior editor at The Washington Times, where he oversees the National and Metropolitan desks. He also serves as the newsroom’s internship coordinator. He has served as an assistant managing editor; a National, Metropolitan and Features desk editor; an assistant National desk editor; and a reporter on the National and Metro desks.

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Government bails out Citibank again

About the Author

Carleton Bryant

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