What is Digg?Sponsored by Dragon Age: Origins
Join the Dragon Age: Origins development team on Facebook view!
facebook.com/DragonAgeOrigins - EA presents BioWare's new dark fantasy epic Dragon Age: Origins. '9/10' from Game Informer.
104 Comments
- inactive, on 09/04/2008, -2/+80Wow.. A bank being held accountable? The world is becoming scary lately.
- limeyTart, on 09/04/2008, -1/+45Let's be honest - the sum they have to pay back is minuscule compared to the amounts they most likely took, still take and will take.
- kraemer007, on 09/04/2008, -0/+36If you "walk away" from your credit cards, your a scumbag. If Citibank steals from you, "its just business".....
- elephantstomp, on 09/04/2008, -0/+30I fail to see how this is a fair settlement. Stealing from 53,000 people and there is nothing about anyone going to prison. What a farce.
- emt1451, on 09/04/2008, -3/+27That is so amazingly evil. It's actually impressive how ***** evil some humans can be and not even feel remorse. They deserve death.
- CardinalFang, on 09/04/2008, -1/+25At the bottom of the article, it says their stock price went up. Even when they admit they did wrong, they still win.
- duggdowncatisad, on 09/04/2008, -0/+23Somebody needs to go to jail for this.
- EllipsisAeon, on 09/04/2008, -0/+17limeyTart has a good point. Even if they did only take $14 million, how much interest did they make off of investing that money?
The correct penalty should actually be:
Money x Time x Interest Earned x (pick a # from 1-100) = Penalty - GDigger25, on 09/04/2008, -0/+16i hate citibank. sent me a card and i didn't even apply!
- xister, on 09/04/2008, -0/+15Yeah, I like the way they discussed it with the press also. Basically they said, "Yeah, OK- we stole from people on a mass scale and even attempted to cover it up, but we quit and started to give it back (because of the whistleblower) and you call us thieves?"
- secrity, on 09/04/2008, -1/+16In the US it is illegal for them to do that.
- barkus, on 09/04/2008, -0/+13No need to fear... Even thought they're being held accountable for the thefts, they're not being punished for it. Unless paying 18M for stealing 14M is actually considered some kind of punishment.
- blyrehs, on 09/04/2008, -0/+13I agree, it's theft. They should be in prison.
- Namli, on 09/04/2008, -0/+13Banks and Insurance companies and stuff are just scaring me. You never know what they are up to, even if they "tell" you what they are doing...
- DyceFreak, on 09/04/2008, -0/+12were talking loose change for a bank that size as well :S...
- Seann7656, on 09/04/2008, -0/+12You mean the government isn't going to bail them out of this responsibility?!!!
- andywebb95, on 09/04/2008, -0/+12"So you take money that isn't yours?
Well it becomes ours.
And how is that not stealing?" - samimnot, on 09/04/2008, -0/+12"We take issue with the state's characterization of our conduct and the parties' voluntary settlement," Citigroup said in a statement."
Yeah ;-) and I take issue with the fact that you thieving bastards are not in prison. - barkus, on 09/04/2008, -0/+12+ jail time
- xister, on 09/04/2008, -1/+12Yeah, I like the way they discussed it with the press also. Basically they said, "Yeah, OK- we stole from people on a mass scale and even attempted to cover it up, but we quit and started to give it back (because of the whistleblower) and you still call us thieves?"
- AlienMushroom, on 09/04/2008, -0/+10Somebody did it for you. Watch out!
- badbadmike, on 09/04/2008, -0/+10This is accountability? If I stole 14 million dollars, I'd go to jail for a long, long time AND I'd have to pay it back.
- buckrogers1965, on 09/04/2008, -1/+10A poor person steals a loaf of bread, they goto jail. A rich person steals $100,000,000, they get told to pretty please don't do that again and only have to pay back 1/5 of what they stole. Yeah, real fair.
- ScaredOfTheMan, on 09/04/2008, -2/+11The AP on DIGG? Don't we get sued or something if your quote too much of, or link to their articles?
http://www.techcrunch.com/2008/06/16/heres-our-new ...
I'm just sayin.... - Lula87, on 09/04/2008, -0/+9All banks steal from you. This one just got caught.
- latrosicarius, on 09/04/2008, -0/+8they do it for me too. i hate having to cut them up
- jjones20, on 09/04/2008, -0/+8I wonder what the interest is like on 14 mil since they took it. As well as how their stocks did when they claimed to have made that money.
- archivist, on 09/04/2008, -1/+9There goes my citi-trust
- Jpesci, on 09/04/2008, -0/+8I was going to get a Citibank credit card too, now I'm not so sure about that...
- sadhesati, on 09/04/2008, -0/+8Um, if it's actually a real credit card with your name on it and everything you might want to look at your credit report to make sure there's no identity theft going on, and if your mail isn't secure you might want to look into getting a PO box.
I get those stupid fake cards in the mail all the time with credit card applications, but I've never gotten an actual card able to be activated. They can't send you a real card unless you apply. Someone would have had to know a lot of information about you for a credit card to be sent to your place. - jub0r, on 09/04/2008, -0/+8TFA says they have to pay 10% interest. A steal for a credit card.
- Elliuotatar, on 09/04/2008, -0/+7They didn't accidentally do it. You don't accidentally implement a policy like this. AND did you even read the article? They even continued the practice AFTER a whisteblower brought it to their attention.
The CEO's should be held criminally responsible. I mean, *****, do all I have to do is form a corporation to protect myself when I run a scam?
I guess the answer must be yes, because I know a guy whose business was importing fake sex drugs and he got the FBI after him and all he had to so was forfeit all the money in his business accounts. - Cuchanu, on 09/04/2008, -0/+6See, that's when that kind of ***** will end. For some reason you steal a wallet and you go to jail. But the guy who decides this is a good idea gets promoted and their stock goes up.
And people actually have the nerve to dispute the fact that laws are made for rich people by rich people. - dubplanet, on 09/04/2008, -0/+6Citigroup sucks royal.. herrible customer service. i hope justice come to light in this case..
- pinguwin, on 09/04/2008, -0/+5Does anyone know their justification (however retarded) for this action? Did they say, "according to our credit agreements we retain the right to..." or whatever? Anything other just out and out theft?
- cdigioia, on 09/04/2008, -0/+5Holy crap...I can't believe this isn't a bigger story. I large, well-known bank very literally stole from customers. Not in the metaphorical "their fees are so high", or "their fees aren't clearly communicated to customers" way, but just literal, direct stealing.
Why isn't this bigger news? And why wasn't the punishment more severe? It almost makes me want to borrow one of those aluminum caps that seem so popular on Digg... - TheBigBad, on 09/04/2008, -0/+5You may as well, it's not like any of the other CC companies have sterling,untarnished reputations. If you do find one let me know.
- latrosicarius, on 09/04/2008, -2/+7Ron Paul
- Cuchanu, on 09/04/2008, -0/+5The two biggest consumer scammers are banks (or money lenders) and insurance companies.
- TheBigBad, on 09/04/2008, -1/+5they can't send you a card if you didn't apply or already have an account open.
- splorpdotorg, on 09/04/2008, -0/+4I hate CitiBank. When I bought my last car I ended up with CitiBank for the car loan. If you try to pay the bill online, they forward you to Western Union for a $15 fee. This is the only bill (besides rent) that I still pay by check. We're almost doubling the payment to get rid of the loan.
Why is it that a bank can support online credit card payments but can't handle online car loan payments? - Elliuotatar, on 09/04/2008, -0/+4You call this accountability? They steal $14 million, and the "fine" for doing so is only $4 million?
- pjr12345, on 09/04/2008, -0/+4Banks are not held accountable. They are inanimate entities that are punished by paying money. For accountability, the state should have identified the decision-makers of this crime within Citibank. Then they should have prosecuted them and sent them to prison. THAT would have been accountability.
- unfuccwittable, on 09/04/2008, -0/+4so no arrests were made?
- LenBaird, on 09/04/2008, -0/+4The banking system allows legal theft from the get-go by allowing them to charge interest on imaginary money, and confiscate your real assets if you default.
- Scheitbag, on 09/04/2008, -0/+4@greevar...how about the entire board....at the very minimum the CFO
- badbadmike, on 09/04/2008, -0/+4Interesting that corporations are "persons" with regards to political speech (buying politicians), right to privacy (concealing financial scams), equal protection, etc, but are faceless, blameless entities when they are found guilty of a giant theft such as this.
And a related question - why is a company with 1.5 TRILLION dollars in assets stealing from it's credit card customers? - Scheitbag, on 09/04/2008, -0/+4not to mention they are part of the federal reserve system and are able to invent money out of thin air...think 14 million imaginary currency units bothers them? i doubt it.
- inactive, on 09/04/2008, -0/+3It is easier to ask for forgiveness, than permission.
Steal from 100 people, if even 99% notice and make you give the money back, you still made 1% profit. The guy who finds a way to make 1% profit = PROMOTED.
I think I should 'steal' more intellectual property to balance out the karma. If I get busted I can just give it back right? - greevar, on 09/04/2008, -1/+4@blyrehs
Put who in prison? You can't arrest and detain Citigroup, it's not a living person. There is no real way to punish a corporation. They commit a crime, pay fines, then go about their merry way. -
Show 51 - 100 of 107 discussions
Browsing Digg on your phone just got easier with our enhancements to the 
© Digg Inc. 2009
— Content created and posted by Digg users is