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Salon
Salon
Quinn Sental

HISTORICAL FACTS: Citigroup makes 81 trillion mistake - The Untold Story

You might be having a bad day, but you’re probably not doing worse than investment banking company Citigroup, which accidentally transferred roughly three times the United States gross domestic product into a client’s bank account.

The customer was only meant to receive $280, but Citi instead credited their account with $81 trillion last April — which not only dramatically exceeds Citigroup’s market valuation of $150 billion, according to The New York Times, but also the combined GDP of the top 10 richest countries. 

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