By 'taxpayers,' you mean 'government'

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By 'taxpayers,' you mean 'government'

The Wall Street Journal released this little tidbit about Citigroup from the Treasury Department today:

Overall, taxpayers are expected to end up with a $12.3 billion profit on the government's $45 billion investment in the company during the 2008 financial-sector bailout. Last year, Treasury sold its 34% stake of common shares of Citigroup.

So when can I expect a check from my non-voluntary investment, or at least a break on future taxes?


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URL: http://www.sfexaminer.com/blogs/beltway-confidential/2011/01/taxpayers-you-mean-government