Citigroup Warns Customers It May Refuse To Allow Withdrawals

Submitted by Quest-News-Serv... on Sat, 02/20/2010 - 01:56.

 Citigroup Umbrella eBayThe image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days.

Citigroup Warns Customers It May Refuse To Allow Withdrawals

 

Citigroup Umbrella eBay

The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days.

"Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change," Citigroup said on statements received by customers all over the country.

What's going on? It seems that this is something of an error. The seven day notice policy only applies to customers in Texas, Ira Stoll reports at The Future of Capitalism. It was accidentally included on customer statements nationwide.

"Whatever the explanation, it doesn't exactly inspire confidence in Citi," Stoll writes.  "But it's hard to believe a bank would be sending out a notice like that on its statements."

http://www.businessinsider.com/citigroup-warns-customers-it-may-refuse-to-allow-withdrawals-2010-2
 
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Guy... slow down

I spent 10 hours working on an analysis I posted it today and you are going to wash it off the home page in 12 hours... slow down...

 

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norm repost it - i don't slow down for any one -

norm repost it - i don't slow down for any one -

yogi and guy http://www.nationalwardogsmonument.org/

Are you ready to try ICEarth?

I figured you'd say something like that...

Are you interested in upgrading your operating system to ICEarth? On the house.

You'll eventually be running something like this...

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norm yes - my mistrust sets in & i think censorship - so i get

norm yes iceearth - is that like an ice cream cone -what flavor - my mistrust sets in & i think censorship - so i get defensive- and your the last person on earth that would say "slow down" and realy mean censorship - and if you were the last person on earth you would find a way to create  more people - there should be a fine of $10.00 for anyone that doesn't "slow down" more than 5 posts a day - or a reward of $10.00 - realneo coop  gives voice to the voiceless  - my first news job was with wbkc am radio in geuga county as a stringer and i got paid 3 dollars a story as i covered county comm. board of education and city hall etc - it cost me more money in gas as i drove about 40 miles a day - the manager wanted to fire me because he got complaints that i was speaking out at the meetings if i heard an injustice as i covered the meetings  - i told the manager i refuse to be fired because i create news while i report on news and i want 5 dollars a story - he said ok -and wbkc ratings went up - and this was in the 1970's  - bob lewis hired me and i had no experience and bob was hesitent to hire me and we got to talking and i mentioned that i grow up with the great norm nite mr.rock and roll oldy goodies dj and rock and roll book  and bob new norm and so i got hired  and he may be the lewis at the scene mag. - i have to check - some funny great stories to follow

mother space ship earth is coming to end beginning and i see some of the future - remote viewing astro projection esp common sense - and i compaled to attempt to save lives or make life easier for all species so all you folks that may get aggravated or don't want me or others to help others with seeing reporting post of information - remember its norms fault - norm  could sell realneo coop for some big dollars or censor - norm how about paying us some dollars per post -we can rate vote on our posts -by your stats -roldo should get more money - realneo coop will get thousands -millions dollars in grants donations etc. to hire pay citizen reporters  -everyone on realneo coop will get some money if they request - evelyn should get the most money for creating and reporting news  and clara should get model pay well evelyn also because they stars  -can realneo coop start a porno division to support with a lot of money and call it art -like in tremont

see what happens when you slow down

ogi and guy http://www.nationalwardogsmonument.org/

I like when you slow down...

We may do all those things.

First, we should move you and some other realNEO members to ICEarth - my buddy Kieth Winston is already there and doing great...

Guy, let's get together next week - email a good time/day/place norm [at] realneo [dot] us

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I'll link my posts to your posts, so the world will see...

I'll link my posts to your posts, so the world will see... you do have huge traffic, Guy, and your guests do wander around realNEO, after reading about UFOssss...

So, all friends of Guy and Yogi, you may want to learn more about their OFFICIAL REAL COOP content management system realneo.us here... "You Can't Manage What You Don't Measure: Welcome the First 2.1 Androids to realNEO"

Hell, feel free to join - we are free and open to all.

And that ain't no spam....!

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