Sunday, January 13, 2008

Saudi Prince to save Citigroup Bank

The biggest american bank citicorp has fallen on hard times. An arab prince will save the big bank from BANKrupcy. Saudi Prince Alwaleed bin Talal will bail out the big bank with billions of dollars.

This shows us that in the future US banks may not be as powerful. We see the decline of the dollar and the economic might of america. This year we will see record number of BANKrupcy filings that will impact the economy.

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