from minyanville:
The Citi HypocrisyBy Justin Rohrlich Feb 26, 2010 3:25 pm
On Wednesday, Citigroup (C) suspended access to funds in a business account that was set up by Jason Goldberg for his new social networking site Fabulis.com.
Why? He apparently posted “objectionable content” on the Fabulis blog, which a compliance officer at Citi found “offensive.”
Oh yeah, Fabulis isn’t just any social networking site. It’s a social networking site that “helps gay men "(emphasis added) connect with amazing experiences nearby and around the world.”
Goldberg, who has held positions at the White House, AOL, and T-Mobile, raised seed money for Fabulis from the Washington Post (WPO), and Microsoft (MSFT) co-founder Paul Allen, among others, isn’t exactly the type of customer a faltering outfit like Citi needs to be alienating at this point. In fact, Citi (whose chairman, Dick Parsons, is in no position to be throwing stones, having fathered a daughter with a 32-year-old woman while married to his wife of 30 years with whom he has three grown children) can’t afford to alienate any customer at all, right now.
Goldberg was finally able to access his account last night. Citigroup investigated the situation and apologized to Goldberg for the three individuals who were responsible. .........(more)
The complete piece is at:
http://www.minyanville.com/businessmarkets/articles/citi-accounts-discrimination-international-enron-criminals/2/26/2010/id/27054