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Citigroup Chief Expresses 'Gratitude' to Bailout Panel

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YOU WACKUM!
"Vikram S. Pandit, Citigroup’s chief executive, is expected to tell a government panel overseeing the bailout program on Thursday that the bank owes a “large debt of gratitude” to American taxpayers for stabilizing it with billions of dollars of federal aid," the New York Times reports. "In a statement prepared for delivery before the Congressional Oversight Panel, Mr. Pandit stops short of a formal apology and does not highlight the specific errors that Citigroup executives made in the run-up to the financial crisis." Hey CITI, remember that low balance fee you charged me for the last 18 months? How about spreading the love?
SOURCE:   New York Times

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