Reviewing...
... while I can not find the exact "fabulis" blog that they found "objectional" , unless its the whole site, I did check out the www.sillyunderwear.com.
They basically have one model of underwear that they sell.
They offer that in boxers or briefs, in different sizes.
It only says on it "To big to fail" (which my g/f found funny).
What I did notice however, is in their description, they say "Show your partners where you stand on all of this government spending..."
Would this be the content that citibank found "objectionable" on the site? Something that criticizes the government?
Since Citibank received bailout money from the government, this could be a possible reason?
Now, as someone who works for a hosting company, deals with a lot of websites myself, and has had multiple bank accounts over the years, the only thing I can think of is possibly resulting in a bank having issues with someones account is"missing documentation" or " PCI compliance" .
I have NEVER heard of a bank closing an account, in the case of missing documentation (which I had occur once) the account was not closed, but the site was unable to access the account for sales to go through.
In the case of PCI compliance (which I see a lot), the bank will usually keep the account active, accounts are not closed, but the site was unable to access the account for sales to go through.
Will be interesting to see how this plays out, now that citibank appears to be backpeddling.
Maybe was some new "junior manager" or something, trying to make a name for himself by "protecting the bank" against objectionable material?
I personally would like to know if it was the same person who decided in both of these cases to take action.