Citi Smith Barney Financial Investments Review

We have had Smith Barney IRA's for over 20 years. They started ok, we survived all the mergers and acquisitions, even went along with the whopping $40/year per account that they charged for mailing us four statements a year (which were unintelligible, by the way, by far the worst format in the industry.). But this year, they went to $75/year per account maintenance fee for their four mailings. We bailed. Plus when we closed our accounts, they charged the $75 fee plus another $75 for "Termination Fee". Cost us $600 just to close fouor accounts. These guys are really pirates. CitiBank is getting all these Federal bailout funds but they are still sticking it to their customers. I say, let them go down.