Global Power Project- Part 7: Banking on Influence with Citigroup
Citigroup- A Bank with a sordid history of predatory profiteering & criminal activity
In the second quarter of 2013, the third-largest U.S. bank by assets, Citigroup, posted a 42% increase in profits which CEO Michael Corbat praised as a “well balanced” result of “cost cutting” programs, including the firing of 11,000 workers.