Thank God that clown [Corbat] is finally retiring. Maybe Citi will become a respectable bank again that isn't considered a laughing joke, and that doesn't just cater to those with $200,000 or more in assets. All Citi has done is take, take, take from the middle class under him. Let's all take a look at the Prestige Card benefits and CitiGold requirements for example. This could be a good promotion on Citi's part.
I think the real question is, is Corbat actually retiring, or is he being fired once his contract is up? Says right in the article the share value of Citi stock has been behind other major banks in the U.S., and the bank's operations are currently a mess. Time for a breath of fresh air.
