Government going to bail out a sinking Citi?

Well it won't be soon. Obama has appointed Rubin as his chief financial advisor. He was the one, during Clinton's administration, who pushed the loosening of banking regulations so that the banks could float more loans for people who didn't really have the means to repay them. Then when Clinton left, Rubin was hired by Citigroup and was primarily responsible for formulating the business plan which led to their current financial straits. Now that he is back in, as Obama's financial "genius", there is no way that Citigroup will be held accountable.