I have a feeling that Citibank is going to take a dump tomorrow (on Wednesday)

[Renew Deal]

I just got an email from Citibank that's very suspicious.

Dear Me,

I want you to be among the first to know about the bold steps we are taking at Citi to be the premier, global, fully integrated financial services firm.

Our objective is to create for our customers an experience in which services are seamless, payments and transfers effortless, and distances meaningless. My commitment - and the commitment of everyone at Citi - is to work tirelessly around the world and around the clock to deliver outstanding value and service as we continue to earn your trust.

We are proud of our enduring strength as a global financial institution, striving to successfully meet the needs of clients like you in more than 100 countries. As always, we look forward to continuing to serve you - wherever you are and wherever you need to be.

Sincerely,

Vikram Pandit
CEO, Citi

I take this as a plea to stay with them when the bad news hits. I sense that something bad is coming for Citibank. For example, look at this: Citi is Beyond Repair http://www.nypost.com/seven/05132008/business/citi_is_beyond_repair_110684.htm

[shaniqua6392]

1. Their earnings report comes out on May 21st.

Maybe they are anticipating it to be really bad.
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=BW&Date=20080507&ID=8604163&Symbol=CTRN

[Arctic Dave]

2. Break up?

If this does happen. Bumpy anyone?

[NMDemDist2]

3. "service the customer"

that phrase always reminds me of the George Carlin bit where he's 'servicing the customer' with powerful thrusts .... with the implication the 'service' is up the customer's ass......

:hide:

[Warpy]

5. It struck me as a "bend over" letter, as well

Citi is always near the top of any list of institutional investors who are in serious trouble due to over exposure to bum loans through structured investment vehicles.

It's not going to take much to cause them to go over the edge into insolvency they can no longer cover up with "bend over" letters.

[roamer65]

4. Citi will be around tomorrow and after.

Bernanke basically has guaranteed unlimited funds to insolvent banks like Citi.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a1epxg3i.6YM&refer=home

We ALL are going to pay for with the coming hyperinflation.

[Ilsa]

7. What about foreign investment? Too late? nt

[Strelnikov_]

6. . . or maybe they know you are about to be deported to Gitmo

and just want to let you know that the Citibank brand is known and accepted as bribes by guards at all of the Empires most fashionable concentration camps and rendition sites.

[Renew Deal]

8. lol

:wtf: :D