posted on Jan, 10 2008 @ 07:53 AM
Hmm...where did I put that Chase-Manhattan application again?
Personal opinion - Citi is making a huge mistake, and will get a serious backlash from it. Given the current state of most banking institutions
(thanks to certain disreputable *cough*sub-prime mortgage*cough* practices), it's not going to sit well with the board of directors. Hopefully,
somebody will talk some sense into the right suit-weasels before they lose too many customers.
Distasteful as I find their decision, though, they aren't in any danger of bucking the U.S. Constitution. Citi Group isn't the U.S. government, nor
are they a state government. As a private business, they can set whatever policies they choose.