Well, it looks like one of my predictions, that Citi CEO Ken Lewis would be shown to be a complete moron to take on the corrupt and insolvent mortgage lender Countrywide Financial is turning out to be true.

Cases in the point: Countrywide, and thus Citi is being sued over accusations it blackballed appraisers who gave accurate assessments of property values, and Illinois Department of Financial and Professional Regulation just forbade them from making new loans in the state for the foreseeable future.