Obama is beginning to look like a financial guru with investment performance that puts even the brightest Wall Streeters to shame. The Administration is presently making final preparations to sell its stake in the New York bank, according to one of my reliable industry sources. At Friday’s closing price for Citibank, the sale would net over $8 billion – by far the largest profit returned from any firm that accepted bailout funds
Leading economist who study the U.S. economy for signs of life sometimes have wildly different views of economic metrics, what they mean and are often sharply divideded along partisan economic perspectives. Nevertheless, there are real signs of growth going into the new year.
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