Citi

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

Lesley Stern | Posted 11.12.2009 | 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.

Can Citigroup Carry Its Own Weight?

New York Times | ANDREW MARTIN and GRETCHEN MORGENSON | Posted 11.01.2009 | 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...

Citi Closing Mastercards Without Warning

msn.com | Posted 10.21.2009 | 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...

Government Pays Mortgage Servicers Billions, While Homeowners Suffer

McClatchy Newspapers | Chris Adams | Posted 10.04.2009 | 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 ...

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

The Huffington Post | Ryan McCarthy | Posted 10.17.2009 | 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

latimes.com | Edward Cody | Posted 09.27.2009 | 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 09.25.2009 | 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 09.10.2009 | 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 08.20.2009 | 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 08.15.2009 | 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 08.08.2009 | 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.

Citi Sharply Raises Interest Rates On Credit Cards Months Before New Rules Take Effect

Financial Times | Posted 07.31.2009 | Business


Citigroup has sharply increased interest rates on up to 15m US credit card accounts just months before curbs on such rises come into effect, in a move...

Citigroup Raising Salaries As Much As 50%

AP | Stephen Bernard | Posted 07.24.2009 | Business


NEW YORK (AP) -- Citigroup Inc. is increasing base salaries for many of its employees as it restructures its compensation program amid new restriction...

BofA, Citi Risk Getting Left Behind By Healthy Rivals

Reuters | Posted 07.03.2009 | Business


Bank of America Corp (BAC.N) and Citigroup Inc (C.N) may be at risk of getting left behind. Rivals including JPMorgan Chase & Co (JPM.N) and Goldma...

Citigroup: TARP loans near $45 billion mark

AP | MADLEN READ | Posted 06.12.2009 | Business


NEW YORK — Citigroup Inc. is using its $45 billion in government capital to make nearly that much in new loans. Citigroup said its committee ov...

Feds Give BofA And Citi 30 Days To Fire Their CEOs

businessinsider.com | Joe Weisenthal | Posted 06.07.2009 | Business


One very interesting note, which David Zaring picked up on, is that in this 30 day period "...firms will need to review their existing management and ...

Citi Could Need $10 Billion In New Capital

Wall Street Journal | DAVID ENRICH and DAMIAN PALETTA | Posted 06.01.2009 | Business


Citigroup Inc. may need to raise as much as $10 billion in new capital, according to people familiar with the matter, as the government continues nego...

Citi Wants Geithner's Approval To Pay Out Bonuses

Posted 05.29.2009 | Business


Fresh on the heels of public outrage over AIG retention payments and Merrill Lynch bonuses, Citigroup is set to be the next financial behemoth to take...

Bringing Democracy to Corporate America

Richard Arthur | Posted 04.30.2009 | Business


Richard Arthur

It will not be painless but it is difficult to imagine it not happening -- the tools exist, corporations have proven that they need oversight and we need to protect our investments.

Citigroup Dividend Payments Still Ongoing

Huffington Post | Julie Satow | Posted 04.17.2009 | Business


Contrary to popular perception, Citigroup is continuing to make dividend payments. The bank, which received $45 billion in bailout funds last year, ...

Citigroup Execs' $2.2 Million Windfall

bloomberg.com | David Scheer | Posted 04.12.2009 | Business


March 12 (Bloomberg) -- Four Citigroup Inc. executives who bought the bank's stock last week have already generated a $2.2 million paper profit, regul...

Citigroup's History Of Overreaching, Then Being Rescued

Washington Post | Binyamin Appelbaum | Posted 04.11.2009 | Business


When Citicorp and Travelers Group agreed on a historic merger in 1998, the heads of the two companies placed a courtesy call to inform the Treasury De...

Citigroup Stock Sinks To An All-Time Low Of 97 Cents

Huffington Post | Julie Satow | Posted 04.05.2009 | Business


Shares of Citigroup, once the nation's most powerful bank, hit an all time low of 97 cents on Thursday. It is a 95.56% drop from the same period last ...

Citi's Sale Of Unwanted Assets Flailing, Difficulty Raising Cash

New York Post | MARK DeCAMBRE | Posted 03.20.2009 | Business


Citigroup's quest to raise cash by selling the assets it doesn't want is falling flat, as would-be suitors have more interest in the parts of the busi...

Citibank May Walk Out On Mets Stadium

Reuters | Posted 03.06.2009 | Business


Reuters) - Citigroup Inc is exploring the possibility of backing out of a nearly $400 million marketing deal with the New York Mets amid concerns over...