Citigroup...that is the bank that I was told to use when I was in Taiwan. 
Not a great bank...to tell you the truth. 

Satosora

I think it is akin to the guy that walks around the plant with a clipboard to make it look like he is doing something. 

Exactly. Why even pretend with these meaningless stress test type regs? 

siggy47

I guess beg for a bailout and dump all the toxic assets on the fed was not a sufficient plan in the case of catastrophic failure according to regulators but we all know that's what would occur. 

grayruby

econ

> While JPMorgan, Goldman and Bank of America’s plans were each deemed to have a “shortcoming” by both regulators, Citigroup was considered to have a more serious “deficiency” by the FDIC, meaning that the plan wouldn’t allow for an orderly resolution under U.S. bankruptcy code.