Citibank Gets $306 Billion

iVillage Member
Registered: 03-25-2007
Citibank Gets $306 Billion
185
Mon, 11-24-2008 - 1:21am

Detroit needs to hurry up and come up with a plan.

Sopal

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iVillage Member
Registered: 11-22-2008
Mon, 11-24-2008 - 1:53am

"Citibank Gets $306 Billion"


For some reason the name of that bank sounds familiar.

iVillage Member
Registered: 03-25-2007
Mon, 11-24-2008 - 2:02am
Well...I don't know about Obama suing Citibank, but he was an attorney, so it is altogether possible he was an attorney representing someone suing Citibank.

Sopal

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iVillage Member
Registered: 02-19-2008
Mon, 11-24-2008 - 3:12am

I believe attorney Obama sued banks to get them to issue high risk loans. Now he is going to run the government that will bail them out of the loans he insisted they take.

The irony would be more interesting if it wasn't at our expense.

mccain image

Obama image
iVillage Member
Registered: 03-19-2003
Mon, 11-24-2008 - 8:10am

Obama represented Calvin Roberson in a 1994 lawsuit against Citibank, charging the bank systematically denied mortgages to African-American applicants and others from minority neighborhoods


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iVillage Member
Registered: 11-05-2008
Mon, 11-24-2008 - 8:23am

Very good and interesting newspaper article.

iVillage Member
Registered: 03-19-2003
Mon, 11-24-2008 - 8:35am

I read it all .... just posted the part that answered the question the poster asked.


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iVillage Member
Registered: 03-26-2003
Mon, 11-24-2008 - 8:39am
Thanks for posting that.
iVillage Member
Registered: 03-19-2003
Mon, 11-24-2008 - 8:51am

I'll prolly dig some more later ... not a lot of into out there on this (and I like to read multiple sources).

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Avatar for songwright
iVillage Member
Registered: 06-28-1997
Mon, 11-24-2008 - 9:09am
Actually, Citigroup is only getting $20 Billion of 'bailout' money.

~ SW

iVillage Member
Registered: 11-05-2008
Mon, 11-24-2008 - 9:17am

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