Monday, 26 October 2009

This large bank is in serious trouble


Monday, October 26, 2009


From Mish's Global Economic Trend Analysis:

Citigroup is in serious trouble. It's easy to tell by what they are doing.

Inquiring minds note that Citi Abruptly Shutting Down Gas-Linked Credit Cards.

Citi (C) is abruptly shutting down credit cards linked to gas station partners.

The bank is offering few details...


In a followup article the Business Insider notes:

Citi Jacks Credit Card Rates To 29.99% On Unsuspecting Customers...

Read full article...