Your Gay Website Can Have a Citibank Account Now, Yay

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Ryan Tate

03/01/10 03:32PM

Filed to: Apologies

Citibank says it "updated and clarified" procedures that led gay networking website Fabulis to lose its checking account for non-"compliant" content. Anything goes! Oh except illegal stuff, discrimination and gambling. And porno, which everyone knows is for degenerates. (Pic)

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TabithaIapetus Ryan Tate 03/01/10 03:40PM

"updated and clarified procedures" means HR told them to quit hatin' on the gays...

TurdBlossom TabithaIapetus 03/01/10 04:17PM

@TabithaIapetus: or realized they were about to face a total poo-storm and waved the white flag, lest their CEO's stock options suffer the consequences.

not2techy Ryan Tate 03/01/10 04:15PM

Revoking a checking account over Web content makes no sense to me.

Now, it does make sense to restrict a credit-card merchant account based on the type of business (or charge different transaction fees) because certain types of businesses have higher rates of fraud and/or chargebacks. But that's a different matter.

SeanDL Ryan Tate 03/01/10 06:17PM

porno? Mmmm..maybe that is what lead Citi to get confused...Becasue you know gay social sites=gay orgy porn /sarcasm.

HolyCow! Ryan Tate 03/02/10 05:45PM

That headlines just made me think of this:

[www.yourallgay.com]