Are You Ready to Jump Into the World of Self-Employment?
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?
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?
bloomberg.com | Joshua Gallu and Donal Griffin | Posted 05.25.2011
Sept. 9 (Bloomberg) -- Charles O. "Chuck" Prince and Robert Rubin were among Citigroup Inc. officials who knew 2007 losses were mounting on mortgage a...
Zach Carter | Posted 05.25.2011
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.
Simon Johnson | Posted 05.25.2011
The following is also posted on Johnson's blog, BaselineScenario.com. "Breaking up big banks would actually increase system risk" is a refrain heard f...
Richard (RJ) Eskow | Posted 05.25.2011
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.
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
(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...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
A top Citigroup official testified Wednesday that the firm was reducing its risk to subprime mortgage products as early as 2006, fully expecting housi...
AP | DANIEL WAGNER | Posted 05.25.2011
WASHINGTON — A former mortgage executive from Citigroup Inc. has accused bank executives of violating their own risk management policies and ign...
Jeff Madrick | Posted 05.25.2011
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.
nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011
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...
Janet Tavakoli | Posted 05.25.2011
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.
Raymond J. Learsy | Posted 05.25.2011
Sorry, I was wrong ten months ago. The Citigroup bell has not tolled. The rot at the heart of American capitalism continues unabated.
Max Keiser | Posted 05.25.2011
Workers and savers end up footing the bill for Wall Street's bonuses and Fed-crimes against the dollar.
Financial Times | Posted 05.25.2011
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...
Fortune's Stanley Bing | Posted 05.25.2011
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.
AP | JIM ABRAMS | Posted 05.25.2011
WASHINGTON — Three corporate executives called in for a shaming by Democratic lawmakers Friday defended raking in hundreds of millions of dollar...
New York | Fiona Byrne | Posted 05.25.2011
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 ...
Fortune | Posted 05.25.2011
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...
AP | Madlen Read | Posted 05.25.2011
Citigroup Inc. named Vikram Pandit, the head of its investment banking business, as its chief executive officer Tuesday, charging him with restoring t...
MarketWatch | Herb Greenberg | Posted 05.25.2011
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...
New York Post | ZACHERY KOUWE | Posted 05.25.2011
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...
New York Times | Steven R. Weisman | Posted 05.25.2011
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...
Wall Street Journal | Robin Sidel | Posted 05.25.2011
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...
The Deal | Yvette Kantrow | Posted 05.25.2011
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...
Bloomberg | John Glover, Jody Shenn | Posted 05.25.2011
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...
Don McNay | Posted 10.10.2011