Dave Ramsey Calls for Boycott of Citi and Bank of America

Dave Ramsey, the famous personal finance guru, is on FIRE about Citi and Bank of America. He’s so upset about a deal for the government to buy a stake in Citi – and the possibility that Bank of America could be up next — that he’s called for a boycott of both institutions. (Hat tip for this news: Financial Methods.)
But while Ramsey is upset about the quasi-nationalization of some banks that need some help, my beef with Citi is completely different. I’m less upset about the government’s new play — which doesn’t include just throwing taxpayer money at a bank …read more