Citigroup has more than $50 billion in reserves above the amont needed to be considered well capitalized, and it just received another $25 billion in payments from the TARP program.  If the company is on solid footing, then why is the government negotiating with Citigroup to help it stay afloat?  Nearly every article I read says Citigroup is "too big to fail" because of the $2 trillion in assets it controls.

     News accounts are stating that deposits are safe, but with what I've been reading about this supposedly  safe company being bailed out, I would worry if I were a depositor.  NBC also reported on its Nightly News that the FDIC is involved in negotiations.  This could very well be standard practice, but it wouldn't make me feel good if they were holding my life savings.


http://www.bloomberg.com/apps/news?pid=20601087&sid=a3ArjWNoRSKw&refer=worldwide