Citi Posts $8.3B Loss, Prepares to Split in Two

The great experiment of "all in one stop" banking: personal to business banking, insurance, investment and other ventures unknown to common financial sense is now officially over. Praise God! what started in 70's and grew to a global ponzi scheme with contributions by governments, zealot capitalist(deregulators),and those charge with protecting the economic future of their citizens has collapsed. The global economy grew based on "smoke and mirrors" and like the Pillsbury dough boy grew outside its skin with no value to support it. Contracts drawn and written in country and out of country must now be written down with the expectation that each citizen must honor 100% of there obligation while those creating the problem get relief. Is this fair and just for the citizens not responsible? NO. Each individual should stand up now and say enough is enough. If you have debt contracts, reduce them by 50%, if you have excessive or risked based pricing, set a rate of 5% as fair and start paying each creditor that amount. If you owe the government taxes pay a fair share. This is a just solution to an unjust economic circumstance individuals have been placed in. Those having no contracts but have suffered investment or retirement losses in accounts should demand guarantees from your government similar to the financial institutions that are now getting favorable treatment. It is time to retake control of our circumstances and demand action from our local and national elected leadership or promise them unemployment at the next opportunity. There is a lot of change to be made, but it starts with each of us to make it happen. Let get it on. Reply

are you kidding, what do you call wells fargo and bank of america--one stop shopping--and wells fargo is the worst bank in the world Reply