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CitiGroup: Unrelenting Concealment and Unaccountability

  • Broadcast in Finance
THE NEIL GARFIELD SHOW

THE NEIL GARFIELD SHOW

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Citi companies, as Elizabeth Warren has pointed out a number of times, deserve to be broken up into little tiny inconsequential pieces. The presence of the name “CitiMortgage”) without any entity directly tied to it, has led to direct malfeasance and corruption even in Florida courts. “CitiMortgage” is named by foreclosure mill attorneys as the “Plaintiff.” And Citi subsidiaries pass around the mortgage as though it was a plate of hors d’oeuvres. As one perceptive reader just pointed out to me, “Do you really think that those companies each paid for the debt every time there was a paper transfer?” No I don’t. And the skulduggery perpetrated by Citi that I have personally witnessed is maddening — especially in counties that are corrupt.

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