UPDATE 4-U.S. Fed bars shareholder payouts from Citi, 4 others

Comments (1)
Trkroemer wrote:

Big banks are going to have such a hard time with Federal demands that it might make more sense to split into multiple regional banks that are not as subject to complete Federal control. First government demands loans be made to people who can not pay them back, saying banks were “redlining” in areas where people did not meet the usual loan criteria, and then when the expected happens (the loans fail), the government says it was the bank’s fault.

Mar 27, 2014 12:06pm EDT  --  Report as abuse
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