The Author critically evaluates latest myth surrounding the US government’s guarantee of $306 billions issued to Citigroup and cash funding of $ 45 billions under TARP. The Citigroup CEO Mr. Pandit’s statement that the Citigroup was having the best quarter since 2007 was an act of deceiving the Senators, President Obama and American Tax Payers. According to Author, a clever game of creative accounting was played out at the highest level. Instead of making Citigroup absorb the losses in its own book, the creative genius were at work to ensure that the Citi was spared and the nation (USA) was obviously destroyed. How as it achieved – Read the full article.