posted October 16, 2011 05:29 AM            

Cops are seen taking on one woman. She has been grabbed and forced inside, without a warrant.
http://www.youtube.com/watch?v=fdeuuzXS_sY

Many others are locked inside.

I think each and every American Citizen should close their Citibank Account until this brave lady is compensated by over a million dollars, in cash. And that goon who grabbed her should be placed in a cage with Mark Henry with a license to brawl.

I think each and every national should close his or her Citibank Account to show solidarity with the American Protesters.

Take back your cash from these goons, dear people. They have lost all human decency.

posted October 16, 2011 07:28 AM            

If we had a gradation scale for corruptness Sh_ty Bank would be a B-flat.

remember!-->

Good Bank, Bad Bank, and F---ed Bank: Citibank and the U.S. government (i.e., we taxpayers) reached a deal whereby we backstop something like $300-billion in screwed assets on Citi's balance sheet. ... Here is the gist:
_Citi carved out $300-billion in troubled assets, that remained on its balance sheet

_The first $37-$40-billion in losses on those assets will go to Citi
_The next $5-billion in losses will hit Treasury
_The next $10-billion in losses will go to the FDIC
_Any more losses will go to the Fed

--There were no management changes at Citi, because, you know, they are all fine and upstanding people who have done nothing wrong
There was a brief period with some compensation limitations, but those have long disappeared when the public eye was deflected to health care and then we doubled down in Afghanistan.

To be clear, this is not a "bad bank" model. Assets were not, apparently, being taken off the Citi balance sheet and put into another entity walled off from the Citi biological host. Instead, they were being left on the Citi balance sheet, but tagged and bagged for eventual disposal via taxpayers.

For those who cannot watch vids-->

quote:

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More ridiculous arrests coming out of New York today, as Citibank proves it�'s just as bad, or even worse than Bank of America in how it treats its customers. Earlier today, about two dozen people formed a queue inside the Citibank building in order to close their accounts as a part of the Occupy Wall Street protests. Instead of allowing them to take their money elsewhere, the genius managers and security people in charge locked them inside and had them arrested.

It�'s not clear why the people were arrested, but speculation is that when the bank would not allow customers to close their accounts, the customers began to protest. When this happened, that�'s when the genius managers decided to lock them all in and call the police. Nice work, police, protecting your corporate masters.

The arrests were so contrived that you can�ft help but laugh in bemusement. One woman who was talking angrily with police outside the building was manhandled by what appears to be a plain clothes officer and dragged inside by about five other officers.

Reports from around the internet are saying that two people who succeeded in closing their account left the bank but were forced back inside by police and security officials. In the video posted online, you can see how one woman was practically carried into the bank by a plain clothes officer, where she and the rest of the bank�s customers were subsequently arrested. So, if you were just in the neighborhood, and arrived before these people and closed your account, you�fd have been arrested for disorderly conduct, whether you were a part of this protest or not. What the hell is this country coming to when you get arrested for simply asserting your right to do what you want with your own money?

The NYC police department is not doing itself any favors by acting with such force and dishonor towards the people it�s supposed to be protecting. Citibank, likewise, isn�'t going to garner any kind of support among its customer base for refusing to allow customers to withdraw their money.

Corporate greed, a police state, citizens arrested for voicing their opinions. Unfortunately, it looks as if the United States is living proof that �1984� has come to pass.

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posted October 16, 2011 01:28 PM            

"according to the bank, you can't be a protester and account holder at the same time"

their response to TWO women in the occupy santa cruz demo who decided to close their accounts that day was the same as citi's up top...lock them in the bank and call the police.

posted October 16, 2011 07:15 PM            

**to me**, ** who live in europe and see the US news from a distance,

it looks like populism to go in there and make a fusswith cardboard. that is not socialism. I mean it looks more like a knee jerk reaction than a really deep, serious, and committed political testimony against the wealthy hoarding.

I am not against protestors who want to save themselves from the banks, cause me too I don't trust the banks. but my point is that this action is wrong in the sense that the branch manager is not responsible. the politicians are. and ulitmately the people who vote ... or don't vote.

posted October 16, 2011 10:08 PM            

twenty years ago was the last time i met a bank manager who actually made the decisions in his bank. he was replaced by the credit hawkers who displaced credible men like himself.

but it's also true that many people have known for yonks how banks operate so they have little right to get all righteous at this date...and plenty like myself, do not use them any more than necessary. i have a friend who has taken his pay in cash for 40+ years, has never had a bank account because the time always comes that a) the banks are held accountable b) the customers cause a "run" on them and c) people lose their shirts!

plus when banking you have NO say in where your money is invested when you're not watching. this was called usury in the olden times