Citi holding layoffs

[Dr MBA]

Since Citi has split in two Citicorp and Citi holding it would make sense to have different forums.

[Uncommon Sense]

Just like processes within citi, if it makes sense thats not what we'll do!

[Bob]

Very good idea.. Ill post here now to.. Since im in RPL Cards

[Citi Still]

Bob wrote:

Very good idea.. Ill post here now to.. Since im in RPL Cards

I don't want to sound ignorant but......if I'm Bankcard Cards does that mean I'm not holdings at this point?

[Bob]

Only RPL went to holding. So your safe from that standpoint. Dont mean they wont off shore you though.

[right on the numbers]

Can anyone explain how Citi can agree to move forward with the "Citi" Mets stadium? They will never convince me that TARP $ won't be involved ...they're building the stadium on the backs of those laid off...if it's so important to have the naming rights of the stadium, then let Pandit and Rubin contribute their own funds...as far as having a legal, binding contract....let them sue Citi...see how long that will take to settle!! working in a Citifinancial branch, I have learned that nothing is as important as the almighty dollar....

[Citi Still]

Bob wrote:

Only RPL went to holding. So your safe from that standpoint. Dont mean they wont off shore you though.

Did I read correctly that you were previously laid off at AOL or do you just know about it? Do you know if they left any US call center intact in the US during that process?

[Bob]

I just know about it. I had several friends I work with now that worked at AOL that got laid off right after Parsons was hired as ceo of time warner.

bob

[Dr MBA]

right on the numbers wrote:

Can anyone explain how Citi can agree to move forward with the "Citi" Mets stadium? They will never convince me that TARP $ won't be involved ...they're building the stadium on the backs of those laid off...if it's so important to have the naming rights of the stadium, then let Pandit and Rubin contribute their own funds...as far as having a legal, binding contract....let them sue Citi...see how long that will take to settle!! working in a Citifinancial branch, I have learned that nothing is as important as the almighty dollar....

Citi will keep the Mets "Citifield" contract. They already paid to much $$$ to Mets.

[Dr MBA]

Citigroup (C) and Bank of America (BAC) won’t live to see May. The government will take them over within the next 60 days. The announcement may come as soon as tomorrow evening.

http://www.chartingstocks.net/2009/02/gone-in...

[Sam]

Can anyone, in a nutshell, explain what will happen if Citi is "nationalized"? Do we become government employees, or do they send government people in to run the place? To me, Citi already has appearances of a government entity ~ the right hand doesn't know what the left hand is doing, there's no solid structure, and it's pretty much a disaster. Obviously from how the govt "watched over" Fannie and Freddie via the OFHEO and the way the SEC and OCC "watched over" Citi nobody knows what they are doing in the government either. Any insight would be appreciated.

[Tom]

hmmm whats really going on