Citi's New Plane

Can you believe this? The bank is still being robbed! $45 million for a new airplane? Don't you think that could better spent supporting the major airlines by booking a few commercial flights? I think the management at Citi and the guy who bought a $15,000 garbage can for his new office at Bank of America ought to be run out of town. Remember the plane and garbage can next time you get soaked for overdraft fees by uncaring banks. I have one question, WHO IS THE IDIOT AT BANK OF AMERICA THAT APPROVED THAT REQUEST FOR THE GARBAGE CAN? Again stupidity reigns in corporate America and we the general public are paying the price.

The Great Bank Robberies of the Century

Being in the bainking industry for as long as I have, the banks today have very sophisticated procedures and alarm systems to prevent thefts. Well they failed miserably. The banks got ROBBED by the people that were supposed to be maintaining the security systems. Its amazing to me that the former CEO's of Wachovia, Citibank, Merril Lynch, Washington Mutual, Countrywide and every other bank out there that failed are not SITTING IN A JAIL CELL waiting trial for robbing the bank. The question that is most unanswered today is WHERE DID THE MONEY GO?, and will these guys be prohibited from ever sitting on the board of a bank again? Well time will tell.