Citi Group Will Become A US Nationalized Asset

Citi Group is so cash strapped that the US must reach out and take over the assets.  Citi has only asked for a 40% buy out but the market has shown its hand and the US must take over at least 60% of assets.  With over 250 million customers in over 100 countries, Citi Group is the poster child for lender and banking problems.  The way of Citi Group is the way of all banking.  The US must take over the bank and eliminate any further negative spill over to all other banking institutions.  After nationalization, the government can resale all assets in the public market with a modest profit.  President Obama must take bolder moves and forgo future election buy ins.