Faced with the possibility of unloading all or part of its credit card business, Vik and the boys decided they were not going to accept any low-ball offers from the likes of Jeff Immelt. While contemplating either an outright sale of the unit to GE or joining their credit card operations in a joint venture, Citi wanted a premium for its branded and private label cards. As delinquency rates head towards multi-decade highs, this seems like perfect timing for Citi to rely on its ability to raise rates enough to account for its rigorous underwriting standards. Or maybe they just know the recession is over and there is nothing to worry about.
TAKING NO CREDIT [NYP]
Posted by Seaman Bodine II , Jul 02, 2009 11:51AM
Don't know what's more ironic - C wanting a premium, or GE talking shop with C.
Posted by guest , Jul 02, 2009 11:52AM
Greg, su madre camina las calles en la noche. Ella lame las bolas de los burros para el dinero.
Posted by guest , Jul 02, 2009 11:53AM
Vikram said I could have his hymen.
Posted by guest , Jul 02, 2009 11:53AM
@1 thrown on top of that Greg is writing about it. Its the holy trinity of douchebaggery!
Posted by guest , Jul 02, 2009 11:53AM
Wow...I actually managed to read that entire post without my eyes glazing over or me thinking of new ways to fornicate with your mother.
Posted by guest , Jul 02, 2009 11:57AM
I swear to Shiva you will regret your words!
Here is your slushi. That will be $1.57, please.
Posted by HeadlessHorseman , Jul 02, 2009 12:01PM
Well done Greg! What do you say to the idea of starting the 4th of July weekend a little early and ending today on a high note?
Posted by guest , Jul 02, 2009 12:06PM
2- please keep it up, I am almost fluent. I learned Swedish in a similar way- from porn.
Posted by guest , Jul 02, 2009 12:09PM
@7/ HH
Kudos for supporting your boyfriend and protecting him from the meanies in such a trying time in his career. I'm sure he has something special planned for you this weekend.
Posted by InfiniteGuest , Jul 02, 2009 12:09PM
2nd at HeadlessHorseman, Dr. of Gregology.
Posted by guest , Jul 02, 2009 12:14PM
Vikram - Chutiyon ki kamee nahi iss duniya mein, kyon na kaha aapne?
Posted by guest , Jul 02, 2009 12:17PM
Ruth Madoff is homeless!
Feds seizing the penthouse.
Who has a couch for Ruthie to crash on this weekend?
Posted by guest , Jul 02, 2009 12:17PM
@11, what's that, Esperanto?
Posted by guest , Jul 02, 2009 12:19PM
While the barbs keep flying at Greg, I do have to wonder how many of the comedic geniuses here have e-mails in their inbox from Bess with an offer to take his place.
-Does Not Have an Offer from Bess to Take Greg's Place
Posted by guest , Jul 02, 2009 12:20PM
12 The fact that its being seized is old news. Who said its happening today? Source please. Otherwise, STFU
Posted by HeadlessHorseman , Jul 02, 2009 12:24PM
@9
If you must know, Greg and I plan to slather your mother with butter and barbeque sauce prior to inserting our "rods" into opposing ends of her. She'll of course gleefully oblige our little role playing escapade by squealing like a greedy little piggy as we slowly spin her around on the poles we've so kindly provided.
Provided she doesn’t smell of New England clam bake (as is so often the case), I’m pretty sure that our little “cookout” will be more fun than whatever you might have planned. It’s a Fourth of July tradition!
Thanks for asking,
HH
P.S. That’s gotta sting a little bit, no?
Posted by guest , Jul 02, 2009 12:25PM
12 With some of her $2.5M she'll buy a condo. There certainly are a lot of empty ones around town. And no board to keep her out, like a co-op. May cause you condo people to reconsider your "I hate co-op's" stance.
Posted by guest , Jul 02, 2009 12:28PM
http://www.urbandictionary.com/define.php?term=Greg%20Loose-Anus
Posted by guest , Jul 02, 2009 12:29PM
@16
HH = Homeless Homo?
Posted by guest , Jul 02, 2009 12:30PM
There is no place on DB for homophobia
Posted by guest , Jul 02, 2009 12:32PM
Laid off, need a place to sleep, just call me.
Homo Banker.
Posted by guest , Jul 02, 2009 12:33PM
-@13
reads like hindi..
Posted by guest , Jul 02, 2009 12:35PM
@17- many, many condos have boards too, idiot. i hope she's forced to rent.
Posted by guest , Jul 02, 2009 1:29PM
The style is busy and slathering. Where is the cool?
Posted by guest , Jul 02, 2009 4:54PM
Not bad, Greg.
Posted by guest , Jul 03, 2009 10:30AM
25 = greg's mom