https://wallstreetonparade.com/2023/10/after-getting-the-largest-bailout-in-u-s-history-in-2008-85-5-percent-of-the-1-34-trillion-in-deposits-at-citigroups-citibank-lack-fdic-insurance-today/
So just wondering if the layoffs are directly tied to the huge gap of deposits that lack FDIC coverage and now with the overseas risk of war.
Is the plan for the bank to fail and then be Parceled out to smaller regional banks as a backdoor deal to not charge executives for dereliction of duty..
Try 98%! The FDIC has been trying for over 10 YEARS to tell the world the system is insolvent.
"I think you've got to think of the unintended consequences of taking a public that has more full faith and confidence in the banking system than maybe people in this room do that we want them to have full faith and confidence in the banking system."
https://www.fdic.gov/about/advisory-committees/systemic-resolutions/pdfs/2022-11-09-transcript.pdf
War and its impact is just a excuse for the mass handouts and debt crisis.