Been scouring around for a good stock for value investment.
I think Citigroup is a good buy although its road to recovery seems long and treacherous.
But with practically every American having a Citi credit card (and the crisis not affecting their frequency of use of the card) I'm inclined to think things can only get better for them.
The US government bought so many Citi shares mostly because Americans can't afford for Citi to fail. It's an integral part of their lives, whether they realise it or not, much like DBS or POSB is to Singapore. You just need it.

Definitely got my eyes on Citi (ticker: C) where (very) long term value investment is concerned :)