Citibank

too big to fail
Citibank Teaches Us How To Destroy A $244 Billion Banking Institution
Only two short years ago, Citibank was worth $244 billion. Now, after its stock lost half of its value in just the past week, the bank is estimated to be worth $20.5 billion. What happened? The New York Times attempted to answer that question Saturday, and it pointed the finger at the usual suspects — conflicts of interest between those who were supposed to manage risk — and those who stood to benefit from making risky bets. More »

8:25 AM on Mon Nov 24 2008
By Meg Marco
9,836 views, 75 comments

Most discussed 12-Inch Idongivafuck Sandwich: Oh look, it's largely to blame by someone from the Clinton era...surprise, surprise. Interesting article though. more »
citibank
20% Of Citigroup Cardholders Can Expect Rate Increases For 2009
If you have a Citigroup-issued credit card and you haven't had a rate increase over the last two years, expect to be notified of a 2-3% rate increase on your November statement. Congratulations! You're going to help Citigroup offset its losses in the global credit card division, whether you were directly part of those losses or not. As the New York Times points out, by doing this Citigroup is breaking the promise they made to Congress in 2007 that they would not arbitrarily raise rates on accounts—which may be why they're offering a fairly lenient opt-out policy. More »

6:20 PM on Mon Nov 17 2008
By Chris Walters
6,448 views, 61 comments

Most discussed stevejust: It's times like this, I yearn for the good old days. I mean, the good old days like Shay's Rebellion more »
success stories
Reader Talks Citibank Down To A Lower Interest Rate On Her Credit Card
Nicole was hit with a surprise 6 point interest rate increase on her Citicard, so she fought back. Her story is a good reminder that you should look at all of your options and be prepared to argue on your behalf, even if you're not in a position where you can just pay off the entire balance and walk away. More »

1:27 PM on Mon Nov 17 2008
By Chris Walters
7,096 views, 47 comments

Most discussed h3llc4t: I like how she casually threw in that the rep didn't have an accent. Classy. more »
phone numbers
Secret Phone Numbers And Email Addresses To Reach Executives At 101+ Companies
Inside, email addresses, phone numbers, and addresses for over 100 different companies to inject your customer service complaints into their corporate executive offices, and get it well on the way to success. More »

9:43 AM on Fri Nov 7 2008
By Ben Popken
13,365 views, 17 comments

Most discussed caholla: Awww....I had one of those little telephones when I was a kid. When you'd pull it with the string it more »
bank error in your favor
Please, Citibank, Stop Sending Us Random Amounts Of Money!
Readers M & C are honest people, so when Citibank started randomly depositing money that clearly wasn't theirs into their account, they called to tell them about it. And Citibank took the money back. And deposited it again. And then sent them a check. M & C say that they've begged, they've pleaded Citibank to stop sending them random checks — but nothing has worked. More »

11:26 AM on Fri Oct 24 2008
By Meg Marco
18,223 views, 113 comments

Most discussed SkokieGuy: What about writing a letter and outlining the problem and indicate that after your many attempts to rectify THEIR error, more »
citibank
Reach Citibank Executive Customer Service

Having trouble getting people at Citibank to help you out? If you've tried regular customer service and supervisor multiple times and failed, try these numbers:

Citibank Executive Responsive Office in NYC
(718) 248-6433

Citibank Executive Response Unit
Rudy Guerrerro
(210) 677-7284 direct line

Remember to be nice, professional, and succinct. In customer service, karma happens very fast and you get what you give. (Photo: thecornballer)

1:15 PM on Thu Oct 23 2008
By Ben Popken
935 views, 2 comments

money meltdown
Wells Fargo Wins, Will Buy Wachovia
Wells Fargo is the winner in the battle for Wachovia, says the New York Times. Apparently, Citibank became nervous about splitting the bank when they saw the size of the "bad assets" it would have to take on, and quietly walked away. The bank will continue to seek $60 billion in damages, however. More »

10:54 AM on Fri Oct 10 2008
By Meg Marco
4,121 views, 43 comments

Most discussed Skankingmike: I have a choice now, Should my wife and I stay with Wachovia(wells Fargo). or Should my wife and I go with more »
wachovia
Citibank, Wells Fargo May Carve Up Wachovia, Feast On Its Bones
Bloomberg is reporting that Wells Fargo and Citibank may split Wachovia. Neither bank would get assistance from the government and taxpayers under the deal being discussed now. More »

12:43 PM on Mon Oct 6 2008
By Meg Marco
3,732 views, 11 comments
Surprise! Wells Fargo is buying Wachovia, even though Citibank said at the beginning of the week that it was going to. (Check out the full post here.) Unlike Citibank, Wells Fargo will absorb all parts of Wachovia, including its securities and retail brokerage biz, in a "$15.1 billion all-stock merger." [DealBook] (Thanks to Stephen!)

26 comments
september madness
March Madness-Style Bracket Makes Bank Mergers Fun
TechCrunch has posted this "March Madness" style bracket of the recent financial meltdown. It was reportedly created by a general partner at Sansome Partners named Mark Slavonia, says TC. More »

1:42 PM on Tue Sep 30 2008
By Meg Marco
11,486 views, 29 comments

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