http://economistsvie...-citigroup-b.html

Rundown of opinions on the Citibank bailout. General consensus is that some bailout was probably needed but WTF is this thing?

Bailout is excessively complex, doesn't punish Citibank, doesn't get a decent cut for the government and probably doesn't fix Citibank's problem. A large part of the problem with the markets right now is the uncertainty and fear, and the US government changing plans on the fly and providing no clear guidance doesn't help.

The issue of the government changing bailout plans again is what jumped out at me. This is Paulson's third or fourth plan at this point, and those are just the public officially announced ones.

Jay