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Citi Goes to Sheila Bair For "Fair Value" Where was Sheila Bair when she was needed most? When Moody's Triple A's at Citi were misdiagnosed? Moodys blew their ratings as they were paid to do - Citi failed to sell them and now they no can do Except perhaps to Sheila Bair who's sure of their "Fair Worth", Unlike Pandit, Rubin, and O'Neal who'll guess from Leavenworth. If she knows now, why did she keep it secret for so long? Was she waiting till she could buy Citi for a song? Will her smarts make Paulson and Kashkari look like rubes? Will what she values Citi at mean Citi's down the tubes?
Bob Carlson To 'Bushie's Economic Meltdown' To 'Rating Agencies' |