Comments on: Inside the Citi Bailout

By: Bonnie Headley

Bonnie Headley — Mon, 12 Apr 2010 22:03:05 +0000

Citi needs to be made to help the people that have maintained their accounts in good standing. Instead, they have raised the interest rate up so high that you can’t even pay the interest much less the principle. My husband has been lated off from a job he had for more than 20 years. Our income has been cut 72%. I have contacted every department head that will speak to you on the phone and they refused to help us after our elected official bailed them out of their dept…Where do you go from concerning our financial problem when you can afford to get a debt concealer because they require you to put the money into an account monthly until an agreement is made between them and Citi. We are unable to borrow our way out because of my husbands unemployment and if we could how would we pay it back. I have begged for the client resolution department to help just until he gets another job. I am on my Disability and what I draw can’t keep food on our table. My income dropped $1200.00 when I became disable….Do we just throw 28 years of hard work to the Credit card company’s like Citi that could care less about any tax payer or do we kill ourselves so our spouse can give them what little we have left off of our life insurance from our burial policy. ALL PEOPLE LIKE OURSELVES THAT HAVE PAID OUR BILLS AND NEVER WROTE A BAD CHECK GO DOWN THE DRAIN AND LIVE OFF THE STREET. WELCOME TO THE MIDDLE CLASS LIFE….I HOPE CITI GOES COMPLETELY UNDER AND IF ANY OF THE ELECTED OFFICIAL HELP THEM OUT THEY WILL LOSE THEIR NEXT ELECTION

By: Citi Employee JJ

Citi Employee JJ — Fri, 06 Mar 2009 15:05:09 +0000

Here’s an interesting tidbit. Citibank hourly employees (customer service, collections, phone reps, etc) were notified that they would not be receiving their annual raises or bonuses this year. This is understandable since they are doing so bad. The managers & bigwigs are also not receiving annual raises, HOWEVER they will still be receiving their bonuses. I know as a phone rep my annual bonus would have been approximately $500.00,and I am pretty sure that is not the going bonus for the big-wigs. Seems funny that the people who are “leading” Citi into another multi-billion dollar quarterly loss are still getting their bonuses for a job well done. Wonder which bailout provided these bonuses.

By: Gerard

Gerard — Fri, 16 Jan 2009 18:04:39 +0000

Thats just great…Billions of our taxpayer dollars to bail out Citi and they just raised my rates..I thanked them by going to Capitol One..