What about the big bankster launderers in big banks?

Wall Street Bank Cuts 11,000 Jobs After Paying Ousted Executives $14 Million

Wall Street Bank Cuts 11,000 Jobs After Paying Ousted Executives $14 Million: Citigroup announced on Wednesday that it will cut 11,000 jobs, or 4 percent of its workforce, in an effort to trim expenses. The moves comes one month after Citigroup paid out nearly $14 million to two former executives, CEO Vikram Pandit and Chief Operating Officer John Havens, who were ousted for poor management. The Citigroup [...]/p

Citigroup CEO: Supermarket Banking ‘A Strategy That I Don’t Believe Is Right For The Times’

Citigroup CEO: Supermarket Banking ‘A Strategy That I Don’t Believe Is Right For The Times’: In the late 1990s, Citicorp made waves on Wall Street by pioneering what is known as “supermarket banking” — the idea that financial institutions could provide a host of services, including stock trading, real estate brokerage, and insurance, in addition to traditional deposit banking. Citicorp, led by chief executive Sanford Weill, purchased insurance giant Travelers [...]/p

Is Citi Engaging in Criminal Abuses of Active Duty Servicemen on Their Student Loans? | Alternet

Is Citi Engaging in Criminal Abuses of Active Duty Servicemen on Their Student Loans? | Alternet
"Given all the varieties of bank-perpetrated mortgage fraud that have come to light in recent years, one that got comparatively little attention were abuses under the Servicemembers Civil Relief Act. SCRA shields active duty servicemen, who cannot be the target of civil until their tour of duty has been completed. That means, among other thing, bankruptcies, foreclosures and even divorces are put on hold. Recent amendments include capping the interest rate on most types of debt at 6%.

Despite the clear provisions of the law, mortgage services were found to be violating on a widespread basis, both by failing to reduce interest charges to 6% and on foreclosing on military personnel who were deployed."