The news that drug and gang money kept our finance system afloat last year supports my contention that Citi, in this day and age, is not all that different from what BCCI was in its day.

The evidence mounts that Citi and Bank of America are so stressed they couldn’t make it through earnings season honestly.

The Peanut CEO’s response to being invited to eat his own toxic product was invoking his Fifth Amendment Rights. But the bank CEOs? No one has yet asked them to eat their own toxic products.