Citigroup Warns Customers It May Refuse To Allow Withdrawals
Citigroup Says Feds Ordered 7 Day Restriction On Bank Withdrawals"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."
Financial analyst Joseph Meyer offered forecasts on the economy. He sees the real estate market continuing to decline, and advised people to invest in precious metals and commodities, as well as keeping cash at home in a safe place in case of bank closures. The stock market, after peaking in March or April, will fall all the way down to somewhere between 2450 and 4125, and it could take as long as 2015 for the bear market to be complete, he warned.
start the bankrun early
ReplyDelete(If it's true:) Maybe this is the beginning of the end, ... next stop sovereign bankruptcy.
ReplyDelete