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Old 02-11-2008, 08:30 AM  
Barefootsies
Choice is an Illusion
 
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Join Date: Feb 2005
Location: Land of Obama
Posts: 42,635
Quote:
Originally Posted by teomaxxx View Post
Citybank is in big shit alone, the last capital infusion was for a 14% rate and its more harder to make money out of 14%. So they had to try to charge customers more and those who dont bring them money got kicked out, since they dont need them.
I wouldnt be surprise to see them going under this or next year.
There are few large banks on the way to BK, if there wont be some goverment bail out plan
Yeah, that's not going to happen. The government is not going to let major banking brand names go under.

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