Tag Archives: Citibank

Senator Elizabeth Warren takes on Citigroup

Published on Dec 12, 2014 Six years after the largest bailout of financial institutions in American history, lawmakers are attempting slip a provision into the current spending bill that repeals the “Prohibition Against Federal Government Bailouts of Swaps Entities“. Um…I … Continue reading

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Big Wall Street megabanks are still putting American taxpayers at risk

Big banking institutions like Bank of America and Citibank hold more investments than they have cash on hand to cover. That means that if those assets lose their value, the banks can’t recover on their own. And when a bank’s … Continue reading

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