Jerry Mazza is a former advertising writer. He took his Bachelor and Masters' degrees at Brooklyn College. His thesis was an original book of poetry. His poems have been published in various literary magazines and online. He has also written some 300 political articles for http://onlinejournal.com where he is an associate editor. He resides in New York City with his family several miles upriver from Ground Zero
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With the announcement of Citigroup’s purchase of the Wachovia Corporation, the Federal Deposit Insurance Corporation told us Monday morning of the latest bank to get whacked by the predatory mortgage market, as in what goes around comes around. But not to worry, folks, Citigroup will pay a buck a share, about $2.2 billion, in a brand new deal. How’s that for a buy?