Thursday, January 7, 2010

Citigroup preachifying again

Just when I have almost forgotten my irritation over the rating agencies which was the subject of my last post, here comes Citigroup sermonizing about the loose monetary  policy regime followed by the Philippine central bank.

Coming from a company that received $45 billion TARP bailout and yet had the gall to pay bonuses in the hundred of millions, I can only say: Kapalmuks nyo naman!