Posts Tagged ‘Citigroup’

Citibank: America’s Welfare Queen

A few years late, they finally get around to telling us that America’s Dumbest Bank, Citi-(corp/group/bank/etc., depending on the day), should have been shut down and placed in receivership back in 2008.  Of course, that determination was based on niggling “objective criteria” like, say, “solvency” and “liquidity,” which are nice ways to convey that then-(and [...]

That’s Where the Money Is

It seems that there are two ways to rob a bank; one of which is awfully difficult and scary and might even land one in either jail or the morgue; the other, far better one is a lot easier, cleaner, more profitable, and carries no discernible consequences, and has therefore skyrocketed ahead in both popularity, [...]