Tuesday, October 18, 2011

CitiGroup Posts 3.4 Bln Profit & Arrests OWS Protestors in TS; Barney Frank on Rachel Maddow

It's only been a mere 3 years since they received a $45 Billion taxpayer paid bail-out after contributing to our nation's massive economic disaster... and "too-big-to-fail" (still) Citigroup's earnings are up 74%, to 3.4 Billion. This was their seventh straight quarter of growth. (Er, "yippee"?)
And, this past Saturday, about 20 or so Occupy Wall Street protestors were summarily arrested at Citibank in Times Square... including some Citibank customers who had come in to close their Citi accounts.
Hurray for them! (... for closing their accounts, not for the 'getting arrested' part)
(Sh*tty) Citi actually locked the doors w/protestors still inside.
Citigroup: You CitiSuck!
*Enjoy this clip from The Rachel Maddow Show. Rachel talks with Congressman Barney Frank about the importance of regulations which protect consumers from corporate swindles and how these interests are represented in the Occupy Wall Street Protests.

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