>>13358267 lb
https://file.wikileaks.org/file/crs/RS22956.pdf
On November, 23, 2008, the Treasury, Federal Reserve, and FDIC announced a joint intervention
in Citigroup, which had previously been a recipient of $25 billion in funding under TARP’s
general capital purchase program. This specific intervention consisted of an additional $20 billion
purchase of preferred shares under TARP and a government guarantee for a pool of $306 billion
in Citigroup assets. The guarantee is in place for 10 years for residential assets and 5 years for
non-residential assets. Should there be losses on the pool, Citigroup will exclusively bear up to
the first $29 billion. Any additional losses will be split between Citigroup and the government,
with Citigroup bearing 10% of the losses and the government bearing 90%. The first $5 billion of
government’s losses would be borne by the Treasury using TARP funds; the next $10 billion
would be borne by the FDIC; all further losses would be borne by the Fed through a non-recourse
loan. Citigroup will pay the federal government a fee for the guarantee in the form of preferred
stock. The assets will remain on Citigroup’s balance sheet, and Citigroup will receive the income
stream generated by the assets.
1
The Federal Deposit Insurance Corporation (FDIC) will absorb up to $5 billion in losses from the guarantee of
Citigroup assets.
Bin Talal's tie to Citigroup as shareholder in Citigroup through KHC and his personal ties with Jamal Khashoggi and family.
more Citigroup now getting mitts into british intel board
Hakluyt's international advisory board comprises senior figures with backgrounds in business and government.
its current members are:
Ambassador Louis Susman - Former US Ambassador to the UK
Louis B. Susman (born November 19, 1937) is an American lawyer, retired investment banker, and the former United States Ambassador to the United Kingdom.
Nominated by President Barack Obama, he was confirmed by the Senate on July 10, 2009, and sworn in by Secretary of State Hillary Clinton.
susman later served the managing director and vice chairman of Citigroup Corporate and Investment Banking. In 2009, he retired as vice chairman of Citigroup Global Markets in Chicago.
Susman served as the U.S. Ambassador to the United Kingdom from 2009 to 2013. He had been a longtime and prolific fundraiser for Democratic Party candidates, including Obama and 2004 presidential nominee John Kerry.
PS His wife Marjorie, formerly "Sachs"…
Hakluyt
Robert Hannigan, former GCHQ, didn't go join his predecessor at Hakluyt. Perhaps that would have been to obvious given his trip to the states to have a pow wow with Johnny "Jihad" Brennan.
He was at the Aspen Institute shin dig with Adam Schiff though in 2017.