That might work out for you Duke if Citi isn't forced into a shot gun marriage by the FDIC first. These banks are very sick. The ubermensch is Wells Fargo. It actually knows how to manage risk, and the quality of its personnel from top to bottom is just in a class by itself, in my experience. I have a client with defaulted mortgages with a host of financial institutions. What is the one that seems intelligent about mitigating its losses? You guessed it - Wells. The worst is Washington Mutual. I suspect that institution is headed towards failure. It seems to want to maximize its losses. The place is packed with incompetent drones.
Bank of America is also in pretty good shape.
