Will Citi live to see its Field?

September collapse of a different sort: Citigroup owns a bunch of Lehman's debt. What happens to Citi Field if they go belly up? And what happens to the $400M the Mets expected from them?

over 3 years ago Doc Manhattan 22 comments 0 recs |

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I have a more important question

If shit goes down at Citi, what happens to the checking account I have with them?

by JoshNY on Sep 17, 2008 8:40 AM EDT reply actions

FDIC

Thank FDR for that.

by DoctorK16 on Sep 17, 2008 8:22 PM EDT up reply actions

Careful though

FDIC insures only up to $100,000. If Big Baller Josh NY has more than that, watch out.

Also, the FDIC only has about $52 billion in reserve capital. If every Tom, Dick and Harry that has less than $100 K in the bank makes a run on the bank the FDIC won’t be able to handle it all.

Better be first in line for the soup kitchen.

by LOUtheMETandNATSfan on Sep 24, 2008 6:01 PM EDT up reply actions

Yep

If WaMu goes down, it’d eat up about half of the remaining insurance fund. FDIC’s been taking over a lot of banks this year.

by BobbyV_Incognito on Sep 25, 2008 12:39 AM EDT up reply actions

I have a more important question

If shit goes down at Citi, what happens to the human race?

by Omar21 on Sep 17, 2008 9:06 AM EDT reply actions

oh sure

it’s always gotta be about YOU

by JoshNY on Sep 17, 2008 10:34 AM EDT up reply actions

My friend....

…if Citi falters, baseball will be the last of your concerns.

by Omar21 on Sep 17, 2008 10:49 AM EDT up reply actions

yup

stock up on canned goods and ammunition now

the horde will be around soon to take all your precious “juice”

by mmxii on Sep 17, 2008 12:44 PM EDT up reply actions

Gonna be like 'Mad Max' within a week

Tina Turner all dominating over the proceedings. Such things occurring as two men entering and one man leaving. The whole world one big fucking desert. Everyone all dressed in some conglomeration of ‘77 punk and ’82 new wave styles. Ain’t gonna be much water or food, but damn sure people will find some eyeshadow.

'Catsmeat!' he cried. 'I see it all. It was that chump, Catsmeat.'

by Catsmeat Potter-Pirbright on Sep 17, 2008 2:16 PM EDT up reply actions

Us fans suffer bad--want justice!

I knew we should have built a retractable Terrordome.

I did it like this / I did it like that / I did it with a Wiffle Ball bat

by Doc Manhattan on Sep 17, 2008 6:33 PM EDT up reply actions

It wouldn't far off....

…if a bank as large as Citi faltered, consumer confidence would go down the drain and the economy would follow suit.

This is not to mention the number of institutions that rely on Citi for so many things.

by Omar21 on Sep 21, 2008 7:07 PM EDT up reply actions

by itsmetsforme on Sep 17, 2008 7:40 PM EDT up reply actions

lol

by DoctorK16 on Sep 17, 2008 8:22 PM EDT up reply actions

Sun Trust charges you a $1 fee for putting in the incorrect pin number into an ATM!

Then my credit union reciprocates and does the same.

WTF is that?

by LOUtheMETandNATSfan on Sep 24, 2008 6:11 PM EDT up reply actions

by Omar21 on Sep 18, 2008 5:42 PM EDT up reply actions

thank god

someone has spoken the truth

by LOUtheMETandNATSfan on Sep 24, 2008 6:14 PM EDT up reply actions

Obama Field

Cause he would own the debt…f***ing Bush.

The 2008 NY Mets: Pedro hurt already. Delgado still sucks. Mets still can't beat the Braves. Beltran only plays 6 innings. WTF with Pelfrey?? Mets win 60 in a row. Freakin' Wagner. PLAYOFFS, NO WAY?!

by ZaBlanc on Sep 23, 2008 4:24 PM EDT reply actions