What did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give themselves a profit, and that saved the bank.
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Nationality: American Type: Politician Born: September 13, 1939 |
“I never thought for a second that anything I ever did was going to make someone cringe. That never occurred to me.”
“There was a misconception about me when I started off because I had my hair greased up and I have some vague resemblance to the hillbilly gene pool that Elvis came from. People would say, 'You want to be Elvis' and I would say, 'No'.”