Citigroup shouldn't get a penny until they agree to stop spending
millions on mailing out unnecessary and unwanted credit card offers.

On Wed, Jan 14, 2009 at 12:23 AM, Robert Munn <[email protected]> wrote:
> Citigroup has already gotten $25 billion in TARP funds and federal insurance
> for $305 billion in potentially bad assets.
>
> http://www.ft.com/cms/s/0/e03c20ba-e197-11dd-afa0-0000779fd2ac.html?nclick_check=1
>
> I still think we have to save the big banks, but the people in charge of
> Citigroup need to get fired. Now it's clear why Bob Rubin stepped down. with
> the reporting changes, they are more or less saying that a third of the
> company they manage is worthless.Is that not adequate cause for firing?

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