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Monday Afternoon Open

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Walter L. Newton1/12/2009 3:38:35 pm PST

Our bailout money in action…

Citi shares fall despite talks with Morgan Stanley

“The government has already loaned Citigroup $45 billion, and agreed to absorb the losses on a huge pool of mortgages and other assets.”

biz.yahoo.com

3 Wood, please, explain to me again why the bailouts are good?