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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (185696)	2/22/2009 2:38:22 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 306849

Everything you say is reasonable, and a good guess at the final resolution. But it all could have been handled through the FDIC, with the consultation of the Treasury for expertise which is missing at the FDIC. All except for this . . . Message 25433427 . . . which might be the real reason. I do agree the value of the international Citibank franchise, like HSBC, lies in it remaining intact, although the US bank could be 99% smaller for these purposes. I have accounts with Citibank Australia and Citibank Canada but closed a short-lived account with Citibank in the US. Their name may be the same but their service is not. .