Tag reddit

Europe and Afghanistan.

Why should some EU share US's perception?They know what had happened with 14 member coalition for Operation Desert Storm.What did the gain out of it?Nearly all leaders of the countries who were a party to that decision have lost their jobs.Nor do the people of these countries want these wars of US.Every country has the right to decide its options.

Citi’s Internal Memo on Repaying Bailout Money.

Touching memo,but syrupy corporate mumbojumbo.Serving customers for their needs sound altruistic.But do they really do it, with hidden financial charges and heavy penal interests for delayed payment?.Nor does the memo say any where that the Bank shall follow sound financial practice of lending to those who are in need and also who are capable of repaying.Emphasis seems to be more on catching with competitors than with sound financial management..What about the perks of their executives?Are they going to follow Goldman Sachs with bonuses?
They should be penalized for having mismanaged to the extent of making the Federal govt. loan Citi to tide over their incompetency, though they have made arrangements to repay..
Time that these corporates are made accountable.Mere expression of gratitude will not suffice.