Word: citibankers
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...experts in and out of government expect bank failures to accelerate. Banks that are too big to go under, like Citibank and Bank of America, could fail but will stay alive in one form or another - through a bailout or government-backed sale, for example. But plenty of medium and smaller banks are going to disappear or be divvied up by creditors. And the longer Paulson's new capital-infusion plan takes to get up and running, the higher the likelihood of failure will...
...organizer for City Life/Vida Urbana, said that the evictions are particularly devastating to communities of color. “It’s Katrina without the water,” said Lawrence, referring to this situation. Approximately half an hour into the rally, protesters marched down Brattle Street to Citibank, where four college students from the University of Massachusetts, University of New Hampshire, and Berkelee School of Music locked themselves to its entrance and were subsequently arrested by officers from the Cambridge Police Department. A spokesperson from Bank of American could not be reached for comment...
...Hence, the growing trend toward more arcane and occasionally bizarre password retrieval questions. Sign up for an MSN/Hotmail account and you can choose from "Who was your best childhood friend?" "What was your grandfather's occupation?" or "Who is your favorite historical person?" The questions for a Citibank MasterCard account are even odder, bordering on the absurd: "Who was your archrival growing up?" "If you needed a new first name, what would it be?" and "If you could control your height, how tall would you be?" Even if a person can answer those questions, there's no guarantee the answer...
Alwaleed: No, I'm involved with Citibank. Legally I can't go beyond 5%. Right now, we're at 4.9%, and I think that's enough...
...Alwaleed: No, I think we have enough involvement, with Citibank, in the financial services arena...