What did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give themselves a profit, and that saved the bank.
Bill JanklowThey're pushing credit cards. They don't take Visa, but they do take American Express, or they don't take this one, but they take that one, or you'd better bring this one, or if you forget who you are, look on your credit card; it will be there.
Bill JanklowThere's a world out there, and you've got to look at both sides of the mountain in your lifetime.
Bill Janklow