Citigroup Bailout

JPMorgan Whale Fail And Nine Other Big Bank Disasters

Posted 05.11.2012

Read More: UBS Rogue Trader, JPMorgan Chase, Citigroup Bailout, Jpmorgan Chase 2 Billion Loss, MF Global, Business News, Mf Global Bankruptcy, Slideexpand, Jpmorgan Chase London Whale, Jpmorgan-Chase-Loss, Business News

Officials at JPMorgan Chase announced Thursday that the bank lost billions of dollars on "egregious" credit trades gone wrong. But the bank was ce...

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Too Big To Fail Architect: Don't Blame Me!

Mark Gongloff | Posted 05.07.2012

Read More: Sandy Weill Too Big to Fail, Wall Street, Bank Bailouts, Citigroup Bailout, Too Big to Fail, Banking, Citibank, Banks, Global Financial Crisis, Bank Bailout, Sandy Weill, Citigroup, Business News

The man who brought you Too Big To Fail has had just about enough of everybody blaming him for big banks failing. In an interview with Fortune's Nin-...

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U.S. Needs Shareholders' Rights

Ted Kaufman | Posted 04.30.2012

Read More: Shareholders, Citigroup Shareholders Meeting, Citigroup CEO, Citigroup Bailout, Business News

I doubt it. After years of not having to worry much about what their shareholders thought, the Citigroup vote was a wake up call for every corporate board of directors.

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Citigroup Turns Profit For Sixth Consecutive Quarter

AP | PALLAVI GOGOI | Posted 09.14.2011

Read More: Vikram Pandit, Robert Rubin, 2008 Financial Crisis, Citigroup Bailout, Great Recession, Too Big to Fail, Citibank, Bank Bailout, Citigroup, Business News

NEW YORK — Citigroup Inc. has long boasted of its international scope. It has a presence in 140 countries, more than any other U.S. bank. Now, ...

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Former Citigroup Vice President Charged With Embezzling $19 Million

Posted 08.27.2011

Read More: Vikram Pandit, Embezzlement, 2008 Financial Crisis, Greed, White Collar Crime, Citigroup Bailout, Gary Foster, Corporate Greed, Citigroup, Business News

NEW YORK (Jessica Dye) - A former vice president at Citigroup Inc was charged with bank fraud on Monday for allegedly embezzling more than $19 mil...

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Simon Johnson: Citigroup Bailout Shows 'Too-Big-to-Fail Endures'

Bloomberg | Simon Johnson | Posted 05.25.2011

Read More: Tarp, Dodd-Frank, Wall Street, Citigroup Bailout, Financial Reform, Citibank, Financial Crisis, Simon Johnson, Citigroup, Business News

Democrats like to say that the Dodd- Frank financial overhaul legislation ended the problem of too big to fail because large failing financial institu...

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Citigroup Was On The Verge Of Failure, New Report Finds; Rescue Was Based On 'Gut Instinct'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Tarp, Occ, The Financial Fix, Fdic, Dodd-Frank, Troubled Asset Relief Program, Too Big to Fail, $C, Citgroup Rescue, Citibank Failure, Citigroup Bailout, Tim Geithner, Citibank, Financial Crisis, Sheila Bair, Sigtarp, Citigroup, Video, Business News

Citigroup, the nation's third-largest bank by assets, was on the verge of being closed by regulators the week of Nov. 24, 2008 as depositors rapidly w...

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Citigroup Chief: Bank Will Exceed New Regulatory Requirements

Posted 05.25.2011

Read More: Citigroup Regulatory Requirements, Vikram Pandit, Financial Crisis, Citigroup Inc, Citigroup Bailout, Business News

NEW YORK (Reuters) - Citigroup Inc is on track to exceed expected regulatory requirements and shrink its worst assets to less than 20 percent of its ...

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Doughnuts' Return Signals Citigroup Is Back On Track

New York Magazine's Daily Intel | Posted 05.25.2011

Read More: Citigroup CEO, Citigroup Bailout, Doughnuts, Citigroup Pastry Presence, Citigroup Doughnuts, Citigroup, Food News

Citigroup CEO Vikram Pandit was talking up the embattled superbank's recovery on CNBC yesterday. "I feel very good about how we're positioned," he sai...

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U.S. Announces $12 Billion Profit On Citigroup

MSNBC | Posted 05.25.2011

Read More: Citigroup Bailout, Treasury Department, Citigroup, Citigroup Common Stock, Citigroup Final Offering, Business News

The government said late Monday it had reached a deal to sell its remaining holdings of Citigroup common stock and would end up turning a profit of $1...

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U.S. Anounces Plan To Sell Some Of Its Citigroup Shares

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Tarp, Treasury Department, Securities, Citigroup Bailout, Troubled Asset Relief Program, Treasury, Aig, American International Group, Citigroup, Business News

The government plans to sell some portion of $2.2 billion worth of Citigroup securities, in the latest effort to repay taxpayers for the public rescue...

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Citigroup Will Pay New Hire $30 Million

Huffington Post | William Alden | Posted 05.25.2011

Read More: UBS Bank, Vikram Pandit, Treasury Department, Stephen Trauber, Citigroup Bailout, Citibank, Bonuses, Executive Compensation, Citigroup, Business News

UPDATE: A Citigroup spokesman told the Huffington Post that it it did not make a multi-year guarantee to Trauber and that it did not confirm that Trau...

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Citigroup Goes After Mike Mayo Over Accounting Accusations

Charles Gasparino | Posted 05.25.2011

Read More: Deferred Tax Assets, Wall Street Bailout, Bailout, Citigroup Bailout, Bank Bailout, Mark Mayo, Wall Street, Citigroup, Business News

Citigroup, one of the most bailed-out banks in the history of bank bailouts, has the nerve to wage a vindictive war against a securities analyst named Mike Mayo for doing nothing more than telling the truth.

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Treasury Profits From Citigroup Bailout

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Treasury Department, Government Bailout, Financial Bailout, Citigroup Bailout, Citigroup, Business News

WASHINGTON — The Treasury Department said Thursday it has raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock...

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WATCH: Wall Street Poker After Dark

Matthew Filipowicz | Posted 05.25.2011

Read More: Lloyd Blankfein, Vikram Pandit, JP Morgan Chase, Goldman Sachs, Goldman Sachs Fraud, Wall Street, Citigroup Bailout, Satire, Poker, Jamie Dimon, Banksters, Wall Street Bonuses, Comedy, Comedy News

Watch as the most corrupt "Too Big To Fail" bank CEOs play a spirited game of "Taxpayer Hold 'Em"! Not with their money, but with yours!

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Nothing Is More Powerful Than an Idea Whose Time Has Come

Ed Koch | Posted 05.25.2011

Read More: Amnesty, Robert Rubin, Sec, Securities and Exchange Commission, Citigroup Bailout, Illegal Immigrants, Citigroup, New York News

When you blame everybody, then nobody is responsible. Everybody did not receive, as Robert Rubin did while holding his position at Citigroup, $14 million annually.

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Citigroup: Still A Member Of The 'Too Big To Fail' Club, Says Moody's

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Citi, Vikram Pandit, The Financial Fix, Citigroup Bailout, Too Big to Fail, Citi Too Big to Fail, Moody's, Citigroup, Business News

Citigroup still maintains full membership in the 'Too Big To Fail' club, according to a report released today by Moody's. (Hat tip to WSJ's Real Time ...

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Treasury's Citi Shares

AP | STEVENSON JACOBS | Posted 05.25.2011

Read More: Citi Shares, Treasury Department, Bailout, Citigroup Bailout, Economy, Financial Crisis, Citigroup, Business News

NEW YORK — Bank bailouts are turning out to be great business for the government. Unfortunately for taxpayers, other federal rescues will almost...

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US Set To Make $8 Billion Profit From Citigroup Bailout

Washington Post | David Cho | Posted 05.25.2011

Read More: Citibank, Financial Crisis, Citigroup Bailout, Wall Street, Bank Bailouts, Citigroup, Business News

Among the banks that rule Wall Street, Citigroup got a bailout that was bigger than the rest. Now the company is about to pay a king's ransom for its ...

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NYT: Citigroup Hires Former S&L Crisis Lobbyist

The Huffington Post | Jenna Staul | Posted 05.25.2011

Read More: Lobbyblog, Citigroup Bailout, S, Citigroup, Business News

The New York Times takes a look at Citigroup's hiring of Richard F. Hohlt -- a former lobbyist with a controversial past who will now advise the volat...

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Treasury Official Blames Fed For Citigroup Fiasco

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Citigroup Tarp, Citigroup Bailout, Treasury Citigroup, Treasury, Federal Reserve, Herb Allison, Bernanke Citigroup, Business News

A top Treasury official blamed the Federal Reserve on Thursday for Citigroup's botched attempt to raise funds to pay back its federal bailout. The fin...

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GTS, Massive Citigroup Unit, Continues To Grow

wsj.com | DAVID ENRICH | Posted 05.25.2011

Read More: Global Transaction Services, Citigroup Bailout, Too Big to Fail, Too Big to Fail Banks, Citigroup, Business News

Even as federal officials move to rein in the nation's biggest banks, one chunk of giant Citigroup Inc. keeps expanding -- with the help of the U.S. g...

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Dwight D. Eisenhower vs. Andrew J. Hall

Les Leopold | Posted 05.25.2011

Read More: Andrew J. Hall, Financial Crisis, Dwight Eisenhower, Wall Street, Bailout, Wealth, Citigroup Bailout, Economic Crisis, Business News

The way in which oil speculator Andrew J. Hall is going to get his $100 million demonstrates clearly why we need to return to the 91 percent top bracket income taxes of the Eisenhower years.

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AIG and the Season of Greed

Eric C. Anderson | Posted 05.25.2011

Read More: Corporate Greed, Goldman Sachs Bonuses, Executive Compensation, Citigroup Bailout, Aig Bonuses, Business News

I'm expressing my shareholder outrage at the behavior of AIG's top executives, who now want raises. President Obama's compensation czar needs to take a ruler to these executives' knuckles.

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Sandy Weill, Former Citi CEO, Has Trophy That Reads 'Glass-Steagall 'Shatterer'

Huffington Post | Grace Kiser | Posted 05.25.2011

Read More: Vikram Pandit, Sanford Weill, Citigroup CEO, Citigroup Rescue, Citigroup Bailout, Glass-Steagall Act, Citigroup CEO Vikram Pandit, Sandy Weill, Glass-Steagall, Citigroup, Business News

Don't confuse Sandy Weill for those Wall Street execs who fret over "optics." In a melancholy NYT profile of Sandy Weill over the weekend, the for...

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