Wednesday, January 14, 2009

Citigroup Ready to Shrink Itself by a Third

Good.

There are a lot of words out there about this but it boils down to:

The man at the top wants to keep Citibank intact and the rest can go to hell someone else.

I never liked Citigroup and I'm glad it's going away. They were generally one of the more customer-abusive international monster mega corp's and any reduction in the number of those won't hurt my feelings much.

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