Full story here from The International Forecaster.
“People should not underestimate the rational of those in high places because their agenda may be totally different then what they say it is. That includes the predicament of Dubai and Greece and a host of other nations that include the US and UK. The credit crisis, borne of the subprime crisis just didn’t happen; it was planned that way. Are we supposed to believe that the Fed took interest rates close to zero and that they flooded the monetary system with money and credit, because they were incompetent or stupid, hardly? The Fed, banking and Wall Street knew subprime loans were not AAA, but triple BBB. They all knew the syndication of these bonds were a fraud, which they allowed and which kicked off the credit crisis. Again, all is not as it seems to be. Thus, those of you who believe it was greed and incompetence are wrong. Up until four years ago it was Sir Alan Greenspan who sold his soul out to the Illuminists, now it is Ben Bernanke. (more…)
Citibank cuts off credit to company with “questionable” website
Sunday, February 28th, 2010Full story here from HuffingtonPost. Man, why don’t they start with HBO’s site? That damn thing has so much flash crap on it, my dual core CPU and 4 GB of RAM choke on that frickin’ thing. But for the rest of us who cringe at the thought of our banker becoming the great moderator of free speech…
“Jason Goldberg, the CEO of fabulis, says that Citi issued “a good and sincere apology” to the company this afternoon. Here’s an excerpt from the apology letter:
Now, Goldberg has one last issue to resolve: will fabulis keep its account at Citi or move its money somewhere else?
Update 3:46 PM ET
The CEO of fabulis reports that Citi has retreated from its request that the web start-up terminate its account at the bank. The three Citi employees who each separately told fabulis that the account was blocked because of “objectionable” material on its website were all, Citi now says, mistaken. (more…)
Tags: citi
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