Sunday, April 19, 2009
Citigroup
Citigroup and other banks wield pencils that are sharp.
They claim a tidy profit (do not mention the word TARP).
They take a sunny view of math and toxic assets, too;
they seem to be romantic when it comes to residue.
Reserves are deemed sufficient, if not actually posh;
like Tom Sawyer they are skilled at spreading the whitewash.
Believe them if you want to but before you use their vault,
I'd go out and get me a gigantic grain of salt.
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