Comments on: The Rescue Plan for Citigroup

By: Steve

Steve — Tue, 25 Nov 2008 18:52:30 +0000

I have a friend who is trying to scrounge up the money for her property tax installment.
She has had to resort to cashing in her change.

When she took it to her bank, (which I won’t name…but rhymes with CITIBANK), she was told they could only count $50 a day.
Are they too busy counting the free money they received from the taxpayers..?
Can we ask the treasury to deliver their 300 billion in small coins…?
How long would it take them to count that high at $50 a day..?

How can they take our money, and have such non existent customer service? Didn’t they realize they had to count money if they were going to open a bank..?

By: chuck

chuck — Tue, 25 Nov 2008 07:29:24 +0000

Now how will Citi handle its credit card debt problem?

By: TOM

TOM — Mon, 24 Nov 2008 21:33:33 +0000

On one had your piece reads as though CitiBank is ready to crumble and on the other hand it has all these hidden jewels. It’s no wonder we are in this mess. No one can make heads or tales out of the financials. Sounds a lot like people are covering their asses and that things are far worse than we are being lead to believe. I guess it dosen’t matter as they are going to get our tax dollars anyway.

By: Ms L

Ms L — Mon, 24 Nov 2008 18:26:48 +0000

Hi — where do I sign up for the class action suit against citicorp getting bailed out from ITS debt and NOT releasing me and millions of others from their debts to them!!!!!!!!!! —- I want my money back and/or money from government to pay MY citicorp bill, GM car payment bill, bank loan and help me pay my bills!!!! — any company that received money/handout/bailout should have to give money/handout/bailout back to all of its past and pending loans — where is the class action suit ???????????????????????????

By: 7ftHare

7ftHare — Mon, 24 Nov 2008 18:09:31 +0000

Welp

Looks like Paulson ‘more or less’ bought shares of citi to prop it up, I thought that would come today, not Sunday.

I’ll say this, only reason for posting this – freaking hilarious Liz MacDonald on Sunday evening comment “Let’s just get citi and GM outta the Dow” but the part I found humor in was “What’s taking so long”

It is a valid point, that some of these monsters are scaring away all the customer for OTHER stores on the street.

Remove the garbage, and ya know, it’s a pretty nice place potentially.

I think looking BACK on this, we can only hope to prevent the garbage from showing up again.

Now, I say until we talk about what KINDS of regulatary hmm – intercession ? NYC without the NYC police department ? no, certain kinds of regulation can be beneficial to a community, after all, if crime is that which is disadvantageous to a community ? We need to ideally simply try and prevent the disadvantageous.

I’ve no idea on how to sort out the mess of what models fail, why – at some macro level. I do see some historic shifts in financial sector. At the same time, some record / historic movements by Treasury and the Fed.

I will say as SOON as Paulson trades his first share ?

I think the integrity of the markets will be off.

It’s already off, who am I kidding.

Paulson might as well buy into Eli Lilly and give 1/2 of American’s out some new whacked out anti-depressant with an opiate combinative to handle the reaction when they see what they worked for this year.

In some ways ?

If Tax money is used to bail out say – even Citi – who is off to the Phillipines for new hires after – well they are international right ? so why is the US bailing them out ?

What does this REALLY say – what is the hidden cost ?

the hidden cost is – we’ve been duped.

Wait till citi announces they’re relocated to Abu Dhabi.

Here is a neat image that just popped in my head.

A fired citi employee at tax time, figuring out how much to pay the corporation who fired them…

What’s missing for Americans is a government program to help them relocate to a better fitting nation state.

Hmm – I wonder if that’s a legit offering.