Breaking: 30 Citibank customers arrested for closing their account [With Citibank Statement Update]

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Saturday October 15, 2011 · 12:17 PM PDT

2011/10/15 · 12:17

Was just watching Global Revolution live stream where they were live at a Citibank in LaGuardia watching the police holding 30 customers in a Citibank branch where they were in line to close their bank accounts. There was a large group of protesters outside chanting various rejoinders to the bank officals and the police, who seemed to be their in force. The livestream chat is still buzzing about the arrests and you can see various Citibank numbers passing by to call in protest, especially the Citibank customer relations number.

I must say this is strange considering the number of people outside with video recorders and this live stream. I'm not sure what Citibank is thinking here but this seems to be a panic move on their part for taking this rather drastic action. My wife and I are plotting now to move our Bank of America accounts to a local bank or credit union in town now. I know this move from our little family won't have much of an impact but it will at least help me sleep at night.

Here is the link for the live stream: http://www.livestream.com/...

Update: Global Revolution live stream is now confirming 17 customers arrested. Perhaps because they planned this move as a group Citibank didn't like it so they acted. Whatever, because now their actions have apparently lit up twitter and they are suddenly trending. Go to twitter and search #citibank and viola! Citibank marketing nightmare. Great move guys...

Update II: Ok, here is the youtube video of the arrest as requested by some of the commenters. I have to say I'm now seeing this every where on twitter, facebook, LinkIn... This is going to be bad for Citibank marketing wise...

Update III: Ok, Citibank issues a statement 8 hours later denying anyone was trying to close their account and only there to disrupt business and eventually calling 911 to remove them. If one gives them the benfit of the doubt that seems reasonable. The raw live stream I happen to catch had witnesses saying otherwise as several people indicated they had friends inside closing their accounts. Let's see what the protesters that were arrested have to say...

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Breaking: 30 Citibank customers arrested for closing their account [With Citibank Statement Update]

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