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February 26, 2010

Citibank Cancels Account of Gay Networking Site
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The banking giant Citibank is under criticism for shutting down a
client’s account because it ran a social networking business geared
toward gay men. The company, called Fabulis, is developing a social
networking website as well as phone and computer applications for gay
men to interact. The company’s bank accounts were shut down without
notice after a Citi compliance officer deemed their business
“objectionable.”



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