We're splitting off an entity
that we call Citi-Oops:
Three hundred billion of illiquid
loans by nincompoops.
The part left shows a profit,
or very nearly so;
The part we're calling Citi-Oops?
Absolutely no!
Our board's appointing Parsons
to be co-CEO.
Along with Bernie Madoff
they will both give it a go.
Bankruptcy – Chapter Seven
is the course they plan to take
When Paulson and Kashkari
have acquired another stake.
The other part of Citi should
come through all this unscathed,
Though any who have worked at it
will be in need of being bathed.
Bob Carlson
www.politicalboondoggles.com
1/15/09
To 'Bush League Bankers'
To 'Citi-Oops'
To 'Citi Shuffles Top Ranks Again'
|
|
|
|