Thursday, April 8, 2010

Citigroup: Self-Absorbed Apologists

Citigroup Executives Apologize For Not Averting Market Crisis

Citigroup Executives Admit Regret But No Blame For Role In Financial Crisis

Too little, too late. Apology not accepted. You didn't get your bonus, Mr. Rubin? Boo hoo. The people who lost their livelihoods and their retirement from your admitted failures do not care. Taxpayers who had no say but all the stake in the $45 billion federal bailout do not care. And account holders who have had their good credit affected by unwarranted increases to APRs and unscrupulous strong-arm tactics that have effectively closed their accounts because of those actions do not care. Further demonstrating that Wall Street doesn't care. Not about Main Street. Only about Easy Street.

©2010 Steve Sagarra

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