Should the FED break up Citibank?

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Should the FED break up Citibank?

Yes

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Why this poll was created

OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now known as Citigroup. In previous instances, the bank came back from the crisis and prospered.

Will Citigroup rise again from its recent near-death experience?

Can Citigroup Carry Its Own Weight? by ANDREW MARTIN and GRETCHEN MORGENSON

http://www.nytimes.com/2009/11/01/business/economy/01citi.html?scp=3&sq=lawsuit%20cost&st=Search

Tags: break up, Citibank, Citigroup, Bank

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Comments

1.

Ghost_Dad

Nov 3, 2009 12:01 pm

No! Citi is breaking itself up, or at least dissolving into a bunch of independent subsidiaries.
2.

hoowdy

Nov 6, 2009 11:04 am

It is bankrupt anyway; just have them sell the worthwhile assets, and go back to core lending business.
3.

KLee

Nov 9, 2009 5:08 pm

They like most other US banks are bankrupt. They should sell as much of their non core banking assets as possible.
4.

DonCalambrone

Jan 23, 2010 1:04 pm

Citi is suffering right now only because the fed is meddling in banking and business more than they should be.