Sunday, March 01, 2009

Captain! Captain! Who's At The Controls?

Last Friday NPR reported that the US government promised to buy up to 36 percent of Citigroup's common shares in its latest effort to help the troubled bank. You really do have to wonder who's at the controls of the USS Marty Farty because less than a week earlier the Consumerist had this story :

37-year-old Nigerian scammer Paul Gabriel Amos convinced Citibank officials to wire him $27 million belonging to Ethiopia. Amos forged "official-looking" documents that confirmed his status with the central bank and instructed Citibank to await faxes telling them where to send the country's cash.

Should investor confidence really improve upon finding out the FBI arrested Amos when he tried to visit Los Angeles and that eventually Citibank sent the $27 million back to Ethopia ... ?


Post a Comment

<< Home