Monday, September 27, 2010

US Treasury stumbles selling Citi shares

Dear Jack,

Getting private funds to commit to an investment laden with large, unrecognized risks is much more difficult than public funds.

Eric

NYC about 35 years ago I was with a group of Japanese businessmen, the senior guy
was talking about the meeting next day with 'shitty bank.'
Nice guy that I am , I helped him with the pronunciation, in private.

Perhaps his pronunciation is now correct

Jack


The US government is in danger of missing its deadline of divesting all of its Citigroup shares by the year-end after a fall in stock market trading volumes prompted authorities to slow down sales in July and August.


Source: www.ft.com

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