Sure it is, stocks soared when they announced the layoffs. It just very ironic that you try to mask the bailout as a good thing as a company makes record profits and cut workers. Countless threads have been started of how horrid this process is. Sorry I am pointing out the hypocrisy and unliberalness this is, I guess it's only bad when a republican congressman is involved? It is a little humorous that the guy that said don't bail out the banks they can do this exact process their self and survive.
no i am not being political here, just because i said who enacted the bailout doesn't mean i support them its just facts. Obama added to the tarp with gm if it makes you feel better.
I DO NOT think the bail out was a good thing, i am simply arguing that this is a good sign for the economy. Yes Citi cut 4% of their employees, but forward progress tells me more jobs were made as a whole.
As much as I detest this bailout it is in the past and you can sit there and cry. You have to move forward from where you are
And i'm not a full blown liberation. I just sympathize with most of their arguments.