<p>Citi</a> (C) Firing 60,000, Chairman May Still Get Canned</p>
<p>yay bailout</p>
<p>F*** Citigroup. These criminals did not deserve a bailout. Not with so many good people losing their jobs and homes.</p>
<p>well, to be fair, if AIG is too big to fail, then citi is definitely too big to fail.</p>
<p>Any bank in which I hold deposits is too big to fail, case closed. That includes E Trade bank and Citi.</p>
<p>Your deposits are never at risk ... FDIC. Haven't we gone through this?</p>
<p>That's not entirely true, the FDIC itself ran the severe risk of running out of money, particularly with the failing of WaMu. If forced to, the FDIC fund basically didn't have enough to absorb a bank that big if they didn't immediately find a suitor in JPM. </p>
<p>Will the FDIC run out of money? I doubt it, and if they did they government would probably sure it up so it would never be an issue. But its something to keep in mind at least.</p>
<p>FDIC might run out of money and I don't want to be knee-deep in paperwork for 6 months while I try to collect that money. The only way I'd be willing to let Citi fail is if the FDIC sent me an envelope full of cash equivalent to all of my bank deposits and hand-delivered it to me.</p>