Don't forget that they also own Primerica, the predators of the lower middle class in life insurance and mutual fund sales.
If you reread Breaking Down The Walls, you will see that Citigroup’s long-term strategic plan was to be the powerhouse in sub-prime lending, banking, mortgages, etc. They targeted the less knowledgeable and charged higher costs (i.e.-more expensive term insurance and higher annual fee mutual funds - they almost always sold B and C share mutual funds, when A shares are the cheapest if you followed their buy and hold strategy).
By the way, those Northwestern Mutual whole life policies they always trashed don't look so bad now, do they? 6.5% dividend this year, with no market risk.
Can you tell me more about Primerica?