Citi Bests Goldman In Federal Reserve's Train Wreck League Table

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Oh that's right, ladies. Citi has actually beat Goldman Sachs (and Morgan Stanley) at something. True, it's the number of times the bank tapped the Federal Reserve’s credit facilities but they will take what they can get!

Goldman Sachs tapped that ass an impressive 84 times, Morgan Stanley topped GS with 212 times in the period between March 2008 and March 2009 but no one was a match for Citi, which "used the Primary Dealer Credit Facility almost daily" through April 2009. Suck on that, Lloyd! Vikram runs this house.

Goldman, Citi, Morgan Stanley Used Fed Facilities Heavily [WSJ]

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