Citi's troubled state puts into question its desire to pay back government aid. If Jamie Dimon at J.P. Morgan is worried about the current credit environment, shouldn't Vikram Pandit, the chief executive of Citigroup, be bracing the firm for the worst? Citi still owes the government $25 billion under the Troubled Asset Relief Program. Existing shareholders may be wondering what the rush is to repay it |
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At custom.marketwatch.com
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.