I basically look at it as... if the guy hacked into Citibank and stole millions of dollars, would I hire him to secure my bank? Maybe not!
- Kevin MitnickThose 3,000 jobs in Sioux Falls, based on our population back then in Sioux Falls, would have taken 300,000 jobs in New York City to equal it at Citibank.
- Al SorrentinoWhat 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.
- Al SorrentinoCitibank had nothing to do with getting reelected.
- Al SorrentinoThe deal we made was that if we would change our law to invite them to come to South Dakota - that`s what they wanted, the invitation - if we would change our law to invite them to come to South Dakota, he would guarantee South Dakota 400 Citibank jobs.
- Al Sorrentino(Merrick Bank had the highest default rate with 35 percent, followed by Citibank and Providian, both with 29.99 percent.) When a customer is actually at the point of completely defaulting, there may have been some signs before that time that the company could`ve picked up on and dealt with in a more humane fashion than (what) most credit card companies seem to be doing at this point, ... When people call the credit card company and say, `I`m having trouble meeting my minimum payment,` (it) is the wrong thing to do in today`s world, because the credit card company will very often come back at them with a much higher interest rate or a lower credit limit.
- Ashley Hahn