Citigroup Bank: We own now!

Next will be Bank of America, then Wells-Fargo (Wachovia).

We will be giving them the loans we already made to them in exchange for $1-2 stock! Maybe we can make the stock worth more eventually and then sell it?

Actually they never intended to pay the loans anyway, nor call it even a debt owed.

Why don't we let these bums go broke and just pay off the people who had money in those banks under $250,000 with tax money?

Open new banks, guaranteed and supervised by the USA (hanging offense to cheat) to handle loans to businesses and homeowners, would be better than propping up these dudes forever.
To hell with stockholders in banks! And their officers.