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Chuck Prince

Are You Ready to Jump Into the World of Self-Employment?

Don McNay | Posted 10.10.2011 | Small Business
Don McNay

If Americans like the idea of self-employment and know it presents the greatest opportunity for growth, what is stopping some of them from taking the plunge?

SEC: Rubin, Prince, Ex-Citigroup Execs, Knew Bank's Risks Were Hidden | Joshua Gallu and Donal Griffin | Posted 05.25.2011 | Business

Sept. 9 (Bloomberg) -- Charles O. "Chuck" Prince and Robert Rubin were among Citigroup Inc. officials who knew 2007 losses were mounting on mortgage a...

Citibank: Will Anyone Hold Rubin and Prince Accountable?

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

When bankers think they can get away with rampant fraud and get paid very well to do it, they'll do it. Robert Rubin's best defense is that he really isn't all that bright -- he's either an idiot or a criminal.

'Chuck Prince' Is Going To Run This Bank (Into The Ground)

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

The following is also posted on Johnson's blog, "Breaking up big banks would actually increase system risk" is a refrain heard f...

The Case Against Jamie Dimon: Oligopoly, Pain, and Systemic Risk in Five Slides

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

Here's the danger: the centralization of risk and power is leading us right into another disaster. We need to get the banking oligopoly under control. But Jamie Dimon is fighting back tooth and nail. And that's why we must fight Jamie Dimon.

Shahien Nasiripour

Financial Crisis Commission Questions Former Citigroup Chiefs Robert Rubin, Chuck Prince (LIVEBLOG, VIDEO) | Shahien Nasiripour | Posted 05.25.2011 | Business

(We'll be running a live blog of the testimony at the Financial Crisis Inquiry Commission's latest round of hearings in Washington, D.C. Former Federa...

Shahien Nasiripour

Citi 'Negative' On Subprime Mortgages As Early As 2006, Yet Firm Continued To Pump Out Subprime Mortgage Products (VIDEO) | Shahien Nasiripour | Posted 05.25.2011 | Business

A top Citigroup official testified Wednesday that the firm was reducing its risk to subprime mortgage products as early as 2006, fully expecting housi...

Citigroup Eyed By Financial Crisis Commission | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

But there is one small question, not so obvious, that has been crying out for an answer for years, and it has nothing to do with exoticisms like C.D.O...

The Meltdown Men: Greenspan, Rubin, and Prince to Testify before Financial Crisis Commission

Jeff Madrick | Posted 05.25.2011 | Politics
Jeff Madrick

Greenspan bears more responsibility for the calamity than any single person. It is rare in the history of any major event one can make such a claim.

Congress's FCIC Nearly Nailed Former Citigroup Executives to the Wall -- Then Blew It

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Chairman Angelides was apparently unaware that Citigroup had reason to be deeply alarmed by the events that caused the Bear Stearns hedge funds to implode.

Flashback: "Citigroup's Self-Immolation and the Beginning of the Eclipse of American Style Capitalism"

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Sorry, I was wrong ten months ago. The Citigroup bell has not tolled. The rot at the heart of American capitalism continues unabated.

"You're About to Witness A Crime."

Max Keiser | Posted 05.25.2011 | Business
Max Keiser

Workers and savers end up footing the bill for Wall Street's bonuses and Fed-crimes against the dollar.

Sandy Weill Admits Citigroup's Succession Plan Was Flawed

Financial Times | Posted 05.25.2011 | Business

Sandy Weill, Citigroup's former chairman and chief executive, has acknowledged that the planning that led to the choice of Chuck Prince as his success...

Business To Security Analysts: Shut UP

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

I've been in business for about 5,427 dog years and at no time during my career has there ever been a day when somebody wasn't worried about what some security analyst was writing about us.

CEO Astrology: Reading the Stars for Barry Diller, John Thain, Chuck Prince, and Steve Schwarzman

New York | Fiona Byrne | Posted 05.25.2011 | Business

Many of you know celebrity astrologer Susan Miller as the uncannily accurate predictor of your fate. You're in good company: She's got A-listers like ...

101 Dumbest Moments In Business

Fortune | Posted 05.25.2011 | Business

Ah, what a dumb year it was! Fortune chose the absolutely dumbest of the dumb that the gods of fate and humor delivered into our laps - and yours - th...

Is This The Year's Worst CEO?

MarketWatch | Herb Greenberg | Posted 05.25.2011 | Business

The winner of this year's Worst CEO of the Year, awarded annually by this column, isn't a CEO at all, but might as well be: Sears Holdings Chairman Ed...

Deutsche Bank's Ackermann Rejects Citi's CEO Job

New York Post | ZACHERY KOUWE | Posted 05.25.2011 | Business

Deutsche Bank boss Josef Ackermann is the latest executive to turn down a chance to be the top dog at Citigroup - a sign there could be more trouble a...

Oil-Producing Countries On Global Shopping Spree

New York Times | Steven R. Weisman | Posted 05.25.2011 | Business

Flush with petrodollars, oil-producing countries have embarked on a global shopping spree. With a bold outlay of $7.5 billion, the Abu Dhabi Investme...

Analysts Bemoan Lack Of Leadership At CEO-Seeking Citi

Wall Street Journal | Robin Sidel | Posted 05.25.2011 | Business

Citigroup Inc. had a Prince, but now it needs a king. As the bank hunts for a chief executive officer to succeed Charles Prince, it is becoming clear...

Know Your Slight Weird Facts About Very Wealthy Wall Streeters

The Deal | Yvette Kantrow | Posted 05.25.2011 | Business

Losses are mounting. CEOs are quitting. Bonuses are plummeting. And here's what we've learned about what's going on on Wall Street these days from rea...

Ex-Citigroup Chief Will Walk Away With Close To $100 Mil

Times Online | Miles Costello | Posted 05.25.2011 | Business

Charles "Chuck" Prince, the deposed head of Citigroup, is in line to walk away from the Wall Street giant with a total pay, perks and shares payout wo...

Was Citi's Prince Unfairly Blamed?

Seeking Alpha | James Cullen | Posted 05.25.2011 | Business

Chuck Prince, CEO of Citigroup (C), is gone - and the stock is down. For all the hatred Chuck inspired during his tenure (yes, those are all links to ...

Will Morgan Stanley's John Mack Go The Way Of Chuck Prince And Stan O'Neal?

New York Times | Landon Thomas Jr. | Posted 05.25.2011 | Business

Now it is Morgan Stanley's turn. More than two years after the chief executive, John J. Mack, made a celebrated return to his old firm, promising to ...

Citigroup Writedowns May Top $13.7 Billion

Bloomberg | John Glover, Jody Shenn | Posted 05.25.2011 | Business

Citigroup Inc., the world's biggest bank, may have losses from asset-backed bonds of as much as $13.7 billion, roughly equal to the company's profit s...