Comments on: Is Citibank the next to collapse? http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/ Make Money Online, Google Adsense, SEO, Stocks, Forex, Mutual Funds Philippines Fri, 12 Mar 2010 04:46:10 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Len http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-104337 Len Tue, 26 Jan 2010 07:46:00 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-104337 My father-in-law used to work for Citibank back in the 80s. Before he retired, the company gave him shares. But there was a merger, so the company is called Citigroup now, right? How can he get or sell his shares? Does he have to go to New York? Or should he just contact a broker? My father-in-law used to work for Citibank back in the 80s. Before he retired, the company gave him shares. But there was a merger, so the company is called Citigroup now, right? How can he get or sell his shares? Does he have to go to New York? Or should he just contact a broker?

]]> By: Masato http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-89639 Masato Sun, 30 Nov 2008 12:14:53 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-89639 I heard that the worst is yet to come, since it taking some time for the asian economies to feel the pinch. I remember when I was in college in the U.S, it was so easy to get a credit card once you stayed there for a year. same as Japan too. Not they are like ultra strict and very hard to get. The Philippines has always been strict in this regard which is good. However the country is too dependent on other countries economies(globalization in general), the nation probably needs to beef up our banking institutions and economic muscle. easier said that done. thankfully for the OFWs for helping the nation, but we can't depend on it alone either. I heard that the worst is yet to come, since it taking some time for the asian economies to feel the pinch. I remember when I was in college in the U.S, it was so easy to get a credit card once you stayed there for a year. same as Japan too. Not they are like ultra strict and very hard to get. The Philippines has always been strict in this regard which is good. However the country is too dependent on other countries economies(globalization in general), the nation probably needs to beef up our banking institutions and economic muscle. easier said that done. thankfully for the OFWs for helping the nation, but we can’t depend on it alone either.

]]> By: Justin http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-89607 Justin Thu, 27 Nov 2008 06:35:49 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-89607 I just want to reiterate what filipino entrepreneur have said above: "How about the borrowers like credit card holders? Will their debt be all gone too?" LOL... This economic recession will become a full-blown economic depression. I just want to reiterate what filipino entrepreneur have said above:

“How about the borrowers like credit card holders? Will their debt be all gone too?”

LOL…

This economic recession will become a full-blown economic depression.

]]> By: Financial Planning Phil Setting http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-89560 Financial Planning Phil Setting Tue, 25 Nov 2008 16:27:08 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-89560 I think AIG is still for sale that's why no news yet. Probably the reason why Citibank is having problems is because they got a big part of the subprime losses that affected AIG. I just hope and pray that Philippines and its companies will withstand all of this turmoil. I think AIG is still for sale that’s why no news yet. Probably the reason why Citibank is having problems is because they got a big part of the subprime losses that affected AIG. I just hope and pray that Philippines and its companies will withstand all of this turmoil.

]]> By: pinoycontests http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-89536 pinoycontests Mon, 24 Nov 2008 22:27:46 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-89536 This is very disturbing. If Citibank collapses, then it's inevitable for others to follow. We haven't yet seen the bottom of the crisis, have we? This is very disturbing. If Citibank collapses, then it’s inevitable for others to follow. We haven’t yet seen the bottom of the crisis, have we?

]]> By: filipino entrepreneur http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-89527 filipino entrepreneur Mon, 24 Nov 2008 14:05:03 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-89527 How about the borrowers like credit card holders? Will their debt be all gone too? How about the borrowers like credit card holders? Will their debt be all gone too?

]]> By: Norbert Allan Aquende http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-89526 Norbert Allan Aquende Mon, 24 Nov 2008 14:03:06 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-89526 Speaking of AIG, what happend to the imminent Philamlife sale? Suddenly there was no more news about it. Speaking of AIG, what happend to the imminent Philamlife sale? Suddenly there was no more news about it.

]]> By: Leo http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-89523 Leo Mon, 24 Nov 2008 12:12:25 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-89523 time to get all your money/investment out of citibank group? time to get all your money/investment out of citibank group?

]]> By: Aspiring Entrepreneur http://www.pinoymoneytalk.com/citibank-bankruptcy-collapse/comment-page-1/#comment-89513 Aspiring Entrepreneur Mon, 24 Nov 2008 02:08:22 +0000 http://www.pinoymoneytalk.com/?p=1481#comment-89513 This is alarming! Especially since this is coupled with the issue of General Motors on the verge of declaring bankruptcy. And we all know that if a large company such as Citigroup and General Motors failed, then there's a domino effect to smaller businesses which in turn will have a detrimental effect to the economy as a whole. This is alarming! Especially since this is coupled with the issue of General Motors on the verge of declaring bankruptcy. And we all know that if a large company such as Citigroup and General Motors failed, then there’s a domino effect to smaller businesses which in turn will have a detrimental effect to the economy as a whole.

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