Colossal Financial Collapse: The Truth behind the Citigroup Bank âNationalizationâ
F. William Engdahl
Global Research
November 24, 2008
On Friday November 21, the world came within a hairâs breadth of the most colossal financial collapse in history according to bankers on the inside of events with whom we have contact. The trigger was the bank which only two years ago was Americaâs largest, Citigroup. The size of the US Government de facto nationalization of the $2 trillion banking institution is an indication of shocks yet to come in other major US and perhaps European banks thought to be âtoo big to fail.
Article continues.......... http://www.infowars.com/?p=6160
F. William Engdahl
Global Research
November 24, 2008
On Friday November 21, the world came within a hairâs breadth of the most colossal financial collapse in history according to bankers on the inside of events with whom we have contact. The trigger was the bank which only two years ago was Americaâs largest, Citigroup. The size of the US Government de facto nationalization of the $2 trillion banking institution is an indication of shocks yet to come in other major US and perhaps European banks thought to be âtoo big to fail.
Article continues.......... http://www.infowars.com/?p=6160