Citibank vs Obama's Government

Discussion in 'Politics' started by CrusaderFrank, May 14, 2012.

  1. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Apparently, three traders in Citibank breached internal controls and cost the bank $2B in trading losses.

    In comparison, Obama's Federal government loses that much every 12 hours for the past 3 1/2 years!

    Citibank CEO Jamie Dimon stepped up and took responsibility admitting he made a "terrible mistake" and that there "no excuse for it" and reassigned the traders involved; Obama is still blaming his predecessor
     
  2. Too Tall
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    Too Tall Senior Member

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    That would be JP Morgan Chase and one of the traders has retired and two more are in trouble.
     

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