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A Little Irony With Your Toast And Coffee?

  • Bnet.com, Wednesday, November 2, 2011 10:20 AM

If your sense of humor tends to the bitterly ironic, this column should be fun. Alain Sherter writes that Jonathan Clements is giving financial advice on how to teach kids the virtue of saving their money.

Um, that's Jonathan Clements, director of financial education … at (cymbals) CitiBank. In a 2009 op-ed in the Wall Street Journal — after he had joined Citi — he whined about a proposed tax on financial bonuses awarded by companies that received at least $5 billion in taxpayer money. Here, Sherter offers some choice quotes from Clements and mulls the fact that Clements is talking about fiscal prudence on Citi’s corporate blog.

"Citi — a poster-child of financial recklessness known for abusing its own clients — lecturing parents on how to teach their kids the finer points of money management. You may also interpret the bank’s tin ear for such parody-defying irony as evidence of a company that doesn’t have the vaguest idea of how it is perceived," writes Sherter about Clements' pecuniary pontifications. Now that's priceless.

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