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Citigroup breaks the buck – Mar. 5, 2009

March 5th, 2009 [Banking, Civil Rights, Financial, General]

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Citigroup breaks the buck – Mar. 5, 2009.

This really SUCKS for people who have worked for Citibank for 30+ years, and have relied on the promise of a pension, and stayed with Citibank because they had a pension plan, and have received their annual bonuses in the form of stock options. Hey, guess what? These people now have little to nothing remaining of the pensions, healthcare, and options they earned over three decades’ span. We’re not talking about executives, CEOs and rich investors. We’re talking about middle class employees. What are they supposed to do now?


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