http://clusterstock.alleyinsider.com/2008/12/how-much-are-those-assets-at-citi-c-worth-
According to my favorite Clusterstock author, questions have come out regarding the true worth of Citi's troubled assets. The fed govt is putting a backstop of $306 billion, but experts are only estimating the assets to be worth $230 billion only. US taxpayers are already on the hook for $40++ billion for starters.
My prediction: More financial institutions including JPM would go to Uncle Sam begging for similar financial bailout in the next few months.
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