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Vikram Pandit

AP | DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — Facing sharp questions from bailout overseers, Citigroup Inc. CEO Vikram Pandit said Thursday the bank is "fundamentally different"...

Citigroup: George Soros, John Paulson | Nikolaj Gammeltoft and Whitney Kisling | Posted 05.25.2011 | Business

Feb. 17 (Bloomberg) -- Firms run by John Paulson, Eric Mindich and George Soros purchased almost half a billion shares in Citigroup Inc. last quarter ...

Have You Heard of the Interchange Fee?

Pedro Nava | Posted 05.25.2011 | Los Angeles
Pedro Nava

Interchange fees cost Americans $48 billion a year.

Citizens United Reveals the Danger of Our Right Wing Supreme Court

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

Here is the dirty little secret the GOP doesn't want you to know: The four extreme right wing Supreme Court justices are as activist as any judges can get.

Citigroup Gets Massive Tax Break In Deal with IRS

AP | STEPHEN OHLEMACHER | Posted 05.25.2011 | Business

WASHINGTON — Citigroup and other banks starting to repay the billions of dollars they borrowed from the government are getting another boost as ...

Citigroup Raises Salaries For CFO, Global Markets Chief

AP | STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — Citigroup Inc. said its chief financial officer and co-head of global markets are getting raises, while CEO Vikram Pandit will contin...

Jim Cramer's Insanely Passionate Citigroup Recommendation Falls Flat (VIDEO)

Posted 05.25.2011 | Business

UPDATE: See Jim Cramer's response below Though we think the following clip from CNBC's Jim Cramer speaks for itself, here's some explanation. On...

Citigroup, Wells Fargo Clash With Government Over TARP Repayment

AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 05.25.2011 | Business

NEW YORK — Citigroup Inc. and Wells Fargo & Co. are seeking to repay billions in federal bailout aid but so far haven't received permission from...

Citi Closing Mastercards Without Warning | Posted 05.25.2011 | Business

AP - NEW YORK - Shannon Burdette tried to pay with her Shell Mastercard after filling up her gas tank this weekend but found the card rejected. Confu...

Bailed Out Banks Spend Millions Sponsoring College Football Games

Houston Chronicle | Loren Steffy | Posted 05.25.2011 | Business

The winner of the BCS championship game won't be determined until Thursday night, but the loser's already decided. It's us. Citigroup, which needed a...

Bailout Payback: Wells Fargo, Citigroup Repay $45 Billion In TARP Funds

AP | Posted 05.25.2011 | Business

SAN FRANCISCO — Wells Fargo plans to sell $10.4 billion in new stock to help repay all $25 billion in bailout aid it received from the governmen...

How to Live on $0 a Day: Assuaging Rage, One Prick at a Time

Lesley Stern | Posted 05.25.2011 | Comedy
Lesley Stern

If you're quivering with rage just thinking about Wall Street, it's time to take action. I've discovered a way to achieve a semblance of inner peace without therapists, tranquilizers or weapons.

Happy Holidays: Citi Suspends Foreclosures For 30 Days

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holida...

Citigroup: The Last U.S.-Owned Bank | ANDREW MARTIN and ERIC DASH | Posted 05.25.2011 | Business

A day after Bank of America announced that it would repay its federal bailout money, Citigroup and Mr. Pandit, its chief executive, were left in the u...

Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 05.25.2011 | Business

WASHINGTON -- The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of ...

A Government Takeover of the Government

B. Jeffrey Madoff | Posted 05.25.2011 | Politics
B. Jeffrey Madoff

As we had our holiday dinner together, my kids asked me why billions can be spent on an expanding war, bailing out the auto industry and the banks, but when it comes to health care, people are afraid of a "government takeover."

Citigroup To Repay $20 Billion In TARP Bailout Money

AP | BY STEPHEN BERNARD | Posted 05.25.2011 | Business

NEW YORK — Citigroup Inc. and Wells Fargo & Co. said Monday they would repay their government bailout loans, freeing them from close regulatory ...

Can Citigroup Carry Its Own Weight?

New York Times | ANDREW MARTIN and GRETCHEN MORGENSON | Posted 05.25.2011 | Business

OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now know...

Citigroup Is "Queen Of The Zombie Dance Party": Institutional Risk Analyst

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Yet another Wall Street analyst has hammered Citigroup, despite a recent surge in the bank's stock price. Shares in Citigroup have shot up more than 6...

Norwegian Towns Sue Citigroup Over Investment Losses | Edward Cody | Posted 05.25.2011 | Business

Vik, Norway - The 2,800 residents of this pristine village isolated on a narrow finger of the gleaming Sognefjord are embarrassed, angry and eager to ...

From Bank of America, Two Different Stories About Tracking Bailout Funds

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Business

Is Bank of America, the nation's largest bank, tracking how it spends $45 billion in taxpayer funds? That depends on which Bank of America statement ...

Norwegian Towns Sue Citi Over Losses

Reuters | Posted 05.25.2011 | World

Seven Norwegian municipalities and a Norwegian securities broker are suing Citigroup Inc for more than $200 million in damages after they lost million...

Obama's Economy

Michael Likosky | Posted 05.25.2011 | Business
Michael Likosky

If the TARP banks are to be a main investment vehicle for the next stage of recovery -- as they should be, it is after all our money not theirs -- it is heartening to have Obama at the helm.

Citi Close To Secret Deal With Regulator

Financial Times | Posted 05.25.2011 | Business

Citigroup is close to a secret agreement with one of its main regulators that will increase scrutiny of the US bank and force it to fix financial, man...

Bailing Out Luxury

Michael Likosky | Posted 05.25.2011 | Style
Michael Likosky

With the start of Haute Couture Week in Paris, luxury is on the ropes. Christian Lacroix is going under. Meanwhile, Prada and Armani are offering their brands to cell phone and car makers.