SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sun-tzu who wrote (150555)2/10/2002 11:12:08 PM
From: LLCF  Read Replies (1) of 436258
 
<To protect itself, Citigroup created securities that functioned like an insurance policy. If Enron stayed healthy, buyers of the securities would receive a steady return. But if Enron ran into trouble, Citigroup would stop paying the return, keep the investors' principal and instead give them Enron debt. Now those investors are left to fight for repayment in bankruptcy proceedings.>

LOL, who did they sell those to.... Orange county, Procter and Gamble or Gibson Greetings????

DAK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News