Let's say I'm narrating a past incident in which a sentence goes like -- There was a rumor that Citibank is in debt.
Is the above sentence correct or do I need to replace 'is' with 'was' ?
Let's say I'm narrating a past incident in which a sentence goes like -- There was a rumor that Citibank is in debt.
Is the above sentence correct or do I need to replace 'is' with 'was' ?
I believe that both "is" and "was" would be correct but it seems to me that it would make more sense to use "is" in order to imply that the rumor is more current.
In this instance, I would replace 'is' with 'was,' as this situation is occurring in the past.