Analyzing the $20-billion Citigroup rescue plan

Monday, November 24, 2008

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Pedestrians crossing the street next to Citibank's headquarters in Singapore on November 18, 2008 (ROSLAN RAHMAN/AFP/Getty Images)

Henny Sender of the Financial Times and Peter Morici of the University of Maryland provide two takes on the U.S. government's plan to inject $20-billion into Citigroup.

"This is what happens when a compensation package drives your business plan."
--Peter Morici on the bailout of Citigroup

"As long as the financial sector is sick, the real economy can not be healthy."
--Henny Sender speaking about the U.S. government's bailout of Citigroup

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