Letter to Citi

Interesting take on the mortgage market fiasco by a Kellogg Professor, Jonathan Parker...

Dear Citigroup,
In these turbulent times who doesn’t need additional capital to get through these cold winter months? Because of your strong record of providing banking services to me, I would like to offer you a special opportunity to raise capital and gain liquidity in one easy step.  This offer is available only to you, and it is only available for a short time.