NEW CEO, NEW LAYOFFS....
This is a TBTF Rockefeller bank.
Dang. I guess this year’s bonuses will only be 7 figures. Tough times.
posted on 12/05/2012 10:12:18 AM PST
So glad that the private sector is doing just fine!
posted on 12/05/2012 10:18:18 AM PST
(...just a typical cracker, clinging to my Constitutional rights...)
But, but, but obama was re-elected - “this was the moment when the rise of the oceans began to slow and our planet began to heal...” Or, maybe that BS!
posted on 12/05/2012 10:26:19 AM PST
(areukiddingme1 is a synonym for a Retired U.S. Navy Chief Petty Officer and tired of liberal BS.))
Take $1 Billion Charge
Sometimes, taking a charge can be a good thing, even if it hurts.
posted on 12/05/2012 10:40:41 AM PST
(July 4, 1776: Declaration of Independence. Nov 6, 2012: Declaration of Dependence. R.I.P. America.)
Wow, it’s a good thing they saved the banks or a lot more people would be out of work. /sarc
posted on 12/05/2012 10:48:56 AM PST
(Jesus Christ doesn't evacuate His troops, He leads them to victory.)
posted on 12/05/2012 10:59:27 AM PST
the CEO is in way above his head. He ran European banking for all of 6 months. Before that, he ran the “bad bank” and that fiasco is still sitting with ~$400B of bad assets. It is understatement to say that this guy is pompous...no self-respecting man would have a portrait made of himself that he did, the posed picture that is always published of him.
ObaMao’s fav bank to sue - from the community organizer/ACORN days.
Citi was the first major bank to be sued for not making mortgage loans to people who had no money (Community Reinvestment Act - CRA). Guess who led the charge to create the global subprime collapse...
posted on 12/05/2012 11:53:15 AM PST
(Conservatives believe what they see; Liberals see what they believe.)
posted on 12/05/2012 2:44:03 PM PST
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