The author sheds light on the power of this banking conglomerate which, as he explains, is not merely one of the key financial institutions, but also the location of key players in the ruling class that bend all other institutions of society to support their interests including, and especially, the government.
Like all the big banks, Citigroup is heavily integrated with other dominant institutions in American and international society, which helps explain why the bank can break so many laws and get away with it. It’s not simply financial weight that makes this bank “too big to fail” and “too big to jail.” It’s the institutional affiliations that also help make it that way.