Sunday, November 23, 2008

The Citi Never Sleeps


The Really: Late breaking news from CNBC shows that the Citi never sleeps when it is trying to put together a deal to save itself.

Breaking now: Citi is trying to work with the Government to sell assets or receive a bailout-in (or "out" as you prefer) but the situation is fluid. (The mind boggles when one thinks what kind of fluids these may be).

Meanwhile Ryan Tate the night reporter at Gawker has compiled several reports which lead one to believe that the following countries are on the brink of a kind of "bankruptcy".: joining poor Iceland may soon be Great Britain, Switzerland and Hedgefundia.

Dealbreaker is providing a blow-by-blow for those who know they will not get to sleep tonight anyway.

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