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-   -   Collapse of Citigroup (http://projectavalon.net/forum/showthread.php?t=8246)

Waterman 11-27-2008 02:09 AM

Collapse of Citigroup
Here is a link to the article about Citigroup collapsing.

And in the meantime I'm checking out the Lakota Bank information. It may not be anything but a well conceived fraud.

More Later...

Here is a quote from the article.

"The first and most obvious hardship is that you could be denied immediate access to most or all of your money for an indefinite period. What about government agency guarantees like FDIC insurance? A large proportion of those guarantees, unfortunately, would have to be suspended in order to give banking regulators the time they need to sort out the mess.

It is simply not reasonable to expect that governments will have the resources to immediately meet the demands of thousands of institutions and millions of individuals if they all want their money back at roughly the same time."

Sol Invictus 11-27-2008 02:13 AM

Re: Collapse of Citigroup
Oh ****...

Thats bad news, very bad news. possibly the worst news this month so far. Citi has gone down due to the crunch? and yet people on the forum who are at this very minute telling folks 2009 will be a good 'economic year'.

Waterman 11-27-2008 11:59 PM

Re: Collapse of Citigroup
Whether it is Clinton, Bush Sr., Bush Jr., or Obama

The goal continues to be the same.


Dictatorship by Bush is central government control where you own it but the gov tells you what to do with it.

Dictatorship by Obama will be central government control where they steal it, then own it, and tell you what to do with it....

And oh yes vice president Cheney white and pure as the driven snow.... just like vice president elect Biden who sponsored and introduced a wonderful bill that took away your freedom for sake of your safety and fighting faceless terrorism.

But... there are plans within plans....

Hi NWO, you will not win and I suggest you choose your future wisely or plans within plans will not look kindly upon your fate.

THE eXchanger 11-28-2008 12:30 AM

Re: Collapse of Citigroup
recently they setup shop here in canada

a lot of the big executives; were looking to buy homes
in this area :(

micjer 11-28-2008 04:30 AM

Re: Collapse of Citigroup

Originally Posted by eXchanger (Post 88127)
recently they setup shop here in canada

a lot of the big executives; were looking to buy homes
in this area :(

I am sure that there is a large high rise down by the Rogers Center in Toronto that has their name on it.

Isn't this the same bank that Prescott Bush was a major shareholder in that helped finance Hitler and the Nazi party in WW2. (Prescott was W's grandfather) If it was I have a hard time feeling sorry for them.

historycircus 11-28-2008 06:58 AM

Re: Collapse of Citigroup
Citigroup is but one of many (yet one of the biggest) "lenders" that will suffer our transference into the next paradigm of human economic activity.

It is not honorable to lend money to a friend BECAUSE your terms will yield a profit. It is honorable to lend money to a friend because you want to watch them succeed.

Beware, however. Citigroup will not die quietly. Before this "economic collapse" is "over," there will be those who argue for "debtor's imprisonment." Those who want to pay their bills, but cannot pay their bills, are the people who should be the most awake right now. There will be a push by the corporate top to punish the bottom of the pyramid, however, if the people rise up, they will not succeed.

My plea to you - if you don't mind - please, the region that you call home right now, start reading the local paper - especially the ads and LEGAL NOTICES. Pay attention. Act from there.


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