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Business Update: No hackers says Citigroup

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Uploaded by on Dec 22, 2009

Citigroup says reports of computer hackers breaking into the bank are false.

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News & Politics

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  • fraud is fraud

  • because they are a listed company and obligated to report this sort of information. plus, if they really did incur losses as a result of hacking, they need to explain how that got into their p&l.

    they are lying about their balance sheet and derivatives exposure, sure, but thats a completely different issue. and the govt. is giving them a green light in the form of modified accounting rules to cover it up so you can say its legal.

  • why would anyone believe them?

  • why would you doubt citigroup?

  • 3rd

  • Yea you're right, when it comes to bank theft, usually they are the ones doing the stealing

  • they always say it's not true

    what banks would admit that

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