Citi

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Herb Allison, Treasury Official: Government Barely Involved With Citi Despite $45 Billion Bailout

AP | DANIEL WAGNER | Posted 03.04.2010 | Business

Read More: Vikram Pandit, Citi, Elizabeth Warren, Treasury Department, Bailout, Citiank, $C, Congressional Oversight Panel, Citigroup, Business News

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

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Citigroup: Hedge Funds Led By George Soros, John Paulson Buying Huge Stakes In Troubled Bank

bloomberg.com | Nikolaj Gammeltoft and Whitney Kisling | Posted 02.17.2010 | Business

Read More: Citi, George Soros, John Paulson, Hedge Funds, Citi Stock, $C, Citibank, Eric Mindrich, Citigroup, Business News

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

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Have You Heard of the Interchange Fee?

Pedro Nava | Posted 02.03.2010 | Los Angeles

Read More: Citi, Chase, Banks, California Assembly Banking & Finance Committee, Interchange Fees, California Families, Bank Profits, Discover Card, Assemblymember Pedro Nava, Banking Industry, Debit Card Transactions, California, Credit Card Fees, Credit Cards, Assemblymember Nava, Consumers, Credit Card Transactions, House Resolution 2382, Los Angeles News

Interchange fees cost Americans $48 billion a year.

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Citizens United Reveals the Danger of Our Right Wing Supreme Court

Mitchell Bard | Posted 01.23.2010 | Politics

Read More: Supreme Court, The Nation, National Education Association, Financial Reform, President Obama, George W. Bush, Theodore Olson, Warren Court, Clarence Thomas, Campaign Finance, Activist Judges, Goldman Sachs, Jeffrey Rosen, Citizens United v. FEC, United Mine Workers, Lewis Friedland, Financial Crisis, Health Care, Jeffrey Toobin, Financial Regulation, JP Morgan Chase, Lobbying, Wells Fargo, Antonin Scalia, John Roberts, Citizens United, New York Times v Sullivan, Oil Companies, Citizens United v. Federal Election Commission, Stephen Breyer, Bruce Shapiro, Roberts Court, Citi, Brown v. Board of Education, Corporations, University of Wisconsin, Samuel Alito, New York Times, Anthony Kennedy, Unions, Politics News

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.

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Bailed Out Banks Spend Millions Sponsoring College Football Games

Houston Chronicle | Loren Steffy | Posted 03.18.2010 | Business

Read More: Citi, Predatory Lending, College Football, Banks, Capital One, Rose Bowl, Fees, Gmac, Wall Street, BCS National Championship Game, Citigroup, Business News

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...

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A Government Takeover of the Government

B. Jeffrey Madoff | Posted 03.18.2010 | Politics

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."

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

Posted 03.18.2010 | Business

Read More: Citi, Cnbc, $C, Banks, Jim Cramer, Citigroup, Business News

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...

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Home For The Holidays: Citi Suspends Foreclosures For 30 Days

AP | ALAN ZIBEL | Posted 03.18.2010 | Business

Read More: Citi, Forclosures, Foreclosure Suspension, Foreclosure Halt, Citibank, Citi Foreclosure, Stop Foreclosure, Citigroup, Business News

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

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Bailout Banks Keep Tax Breaks As They Repay Loans

AP | STEPHEN OHLEMACHER | Posted 03.18.2010 | Business

Read More: Citi, Tarp, Geithner, White House, Irs, Bailout, Treasury, TARP Repayment, Banks, Tax Breaks, Citigroup, Financial Crisis, Business News

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

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

AP | Posted 03.18.2010 | Business

Read More: Tarp, Bailout, Bank Bailout, Wells Fargo, Citi, Citigroup, Banks, Payment, TARP Repayment, Repayment, Business News

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...

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Citigroup To Repay $20 Billion In TARP Bailout Money

AP | BY STEPHEN BERNARD | Posted 03.18.2010 | Business

Read More: Tarp, Geithner, New York, Chase, Paulson, Tim Geithner, Ben Bernanke, Citi, Palin Gop @Y:US-News, Bailout, Jpmorgan, Treasury, Bernanke, Financial Crisis, Banks, Hank Paulson, Wall Street, Citigroup, Business News

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

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Citigroup, Wells Fargo Clash With Government Over TARP Repayment

AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 03.18.2010 | Business

Read More: Tarp, Citi, TARP Repayments, Bailout, Troubled Asset Relief Program, Wells Fargo, $C, Citibank, Banks, Citigroup, Business News

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...

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Citigroup: The Last U.S.-Owned Bank

nytimes.com | ANDREW MARTIN and ERIC DASH | Posted 03.18.2010 | Business

Read More: Citi, Vikram Pandit, Citigroup, TARP Repayments, Last TARP Bank, $C, Citibank, Bank of America, Tarp, Banks, Business News

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...

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Citigroup Raises Salaries For CFO, Global Markets Chief

AP | STEPHEN BERNARD | Posted 03.18.2010 | Business

Read More: Citi, Stephen Volk, $C, Citibank, Citi Global Markets, John Gerspach, Citi CFO, Kenneth Feinberg, Citigroup, Business News

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

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

Lesley Stern | Posted 03.18.2010 | Comedy

Read More: George Bush, Citi, Insurance Companies, Justice, Hank Paulson, John Boehner, Real Housewives, Washington, Economy, Ben Bernake, Bailouts, Larry Summers, Psychology, Balloon Boy Dad, Humor, John Edward, Sarah Palin, Self-Help, Dick Cheney, Comedy, Bank of America, Goldman Sachs, Comcast, AT&T, Dr. Phil, Ken Lewis, Bill Kristol, Joe Jackson, Satire, Rupert Murdoch, Financial Crisis, Aetna, Jamie Dimond, Bernie Madoff, Rage, Lloyd Blankfein, Netanyahu, Depression, Chase, Mental Health, Rush Limbaugh, Carrie Prejean, Bin Laden, Recession, Advice, Jim Cramer, Vikram Pandit, Anger, Michele Bachmann, Wall Street, Tim Geithner, Glenn Beck, Joe Lieberman, Kim Zolciak, Shadegg, Ahmadinajad, Crooks and Liars, Disney, Comedy News

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.

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Can Citigroup Carry Its Own Weight?

New York Times | ANDREW MARTIN and GRETCHEN MORGENSON | Posted 03.18.2010 | Business

Read More: Tarp, Geithner, Hank Paulson, Fdic, Paulson, Economy, Mortgage Crisis, Vikram S. Pandit, Taxpayers, Gmac, Housing Crisis, Recession, Citi, Vikram Pandit, Mortgages, Subprime Mortgages, Wall Street, Bailout, Finance, Common Stock, Treasury, Banks, Timothy Geithner, Citigroup, Business News

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...

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Citi Closing Mastercards Without Warning

msn.com | Posted 03.18.2010 | Business

Read More: Citi, Phillips Conoco, Exxon Mobile, Credit CARD Act, Exxonmobil, L Mastercard, Gas Cards, Citbank, Master Card, Credit Cards, Shell, Citgo, Shell Oil, Banks, Business News

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...

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Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 03.18.2010 | 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 ...

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

The Huffington Post | Ryan McCarthy | Posted 10.17.2009 | Business

Read More: Vikram Pandit, Citi, Queen of the Zombie Party, Institutional Risk Analyst, Christopher Whalen, Citigroup, Business News

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...

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Norwegian Towns Sue Citigroup Over Investment Losses

latimes.com | Edward Cody | Posted 09.27.2009 | Business

Read More: Vikram Pandit, Citi, Norway, Bremanger, Hemnes, Sognefjord, Hattfjelldal, Citigroup, Business News

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 ...

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

Huffington Post Investigative Fund | Ben Protess | Posted 09.25.2009 | Business

Read More: Citi, Treasury Department, Citigroup, Finance, Bank of America and Treasury Department, Banks, SEC and Bank of America, Wall Street Bailout, Bailout, Huffington Post Investigative Fund, Bank of America, Merrill Lynch, Ken Lewis, Bank of America Statement, Bofa, House Financial Services Committee, Business News

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 ...

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Norwegian Towns Sue Citi Over Losses

Reuters | Posted 09.10.2009 | World

Read More: Norway, Citigroup, Citigroup Lawsuit, Citi, Securities, World News

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

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Obama's Economy

Michael Likosky | Posted 08.20.2009 | Business

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.

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Citi Close To Secret Deal With Regulator

Financial Times | Posted 08.15.2009 | Business

Read More: Vikram Pandit, Citi Bailout, Citi, Citi FDIC, Citigroup, Citigroup Bailout, Citi Secret Deal, Business News

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...

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Bailing Out Luxury

Michael Likosky | Posted 08.08.2009 | Style

Read More: Citi, Luxury, Marc Jacobs, Prada, Monaco, Armani, Target, Chrysler, Aig, Luxury Bailout, Bailout, LVMH Moet Hennessy, Bernard Arnault, Christian Lacroix, Loomstate, Luxury Summit, Haute Couture Week, Style News

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.

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