Today’s episode (1) released hours after my last post here (2) - repeating the same jokes again and again: Singapore investors, etc. (3)
Notes
(1) - It Takes A Village To Fix Citigroup
In addition to Weill and his family foundation, the other private placement investors include Prince Alwaleed Bin Talal, the Saudi billionaire who helped rescue Citicorp by investing during its last big real estate lending crisis in 1990, Capital Research Global Investors, Capital World Investors, the Kuwait Investment Authority and New Jersey’s division of investment.
Singapore’s government investment fund is kicking in more than half of the private placement, committing to $6.8 billion. This comes two months after the bank got $7.5 billion by selling a stake to Abu Dhabi’s investment fund.
Citi is also selling $2 billion in convertible preferred shares to the public, bringing its total capital raising plan to $14.5 billion.
Of course Citi is not the only bank out there raising fresh capital to replenish stores depleted by massive write-downs in holdings of mortgage-related securities. Merrill Lynch on Tuesday said it was getting another $6.6 billion from a group including the Korean Investment Corp., the Kuwait Investment Authority and Mizuho Corporate Bank. This comes after a Christmas Eve infusion of $5 billion from Singapore’s Temasek Holdings and $1.2 billion from Davis Selected Advisors.
UBS, Bear Stearns and Morgan Stanley have also been raising capital from outside investors.
http://www.forbes.com/business/2008/01/15/...m_0115citi.html
(2) http://christianforums.com/t6459761-phase-...-milestone.html
(3) Script, actors and jokes: all explained in the End Times Prophet preview
Collapse of Major Banks, Illuminat jokes: “swiss” UBS as milestone in shock and awe
Paper Money: UBS Swiss Bank as messenger for grounding time
http://illuminati-jokes.blogspot.com/2007/...-messenger.html (10 December 07)
http://illuminati-overtime.blogspot.com/20…uminati-to.html (Nov 07)


