Citigroup is one of the biggest banks standing after the last round of failures around the industry, and today it said it won't be foreclosing on people who want to stay in their homes.
How would you feel if you saved all your money and bought nothing you wanted just so you could pay your mortgage, and your neighbor parked a big boat in the driveway and put in a pool, then told Citigroup he was out of money and couldn't pay ... and they let him off the hook for a while?
I bet more people will go out and get a boat and a pool. Is this a message financial institutions should be sending?
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