So, yet another Gulf emirate has gotten done like a drunk date in prom night.
In this case, it’s Abu Dhabi, who agreed to buy shares of Citi at $31.83, under the terms of a 2 year ole deal, even though the shares are currently trading at $4.10.
It’s nothing personal, and Citi and its ilk have been doing this to the US public, and the US taxpayer for decades now.