Citi

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Citigroup: The Last U.S.-Owned Bank

nytimes.com | ANDREW MARTIN and ERIC DASH | Posted 12.04.2009 | 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 11.18.2009 | 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 11.12.2009 | 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 11.01.2009 | 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 10.21.2009 | 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 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 ...

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

Financial Times | Posted 07.31.2009 | Business

Read More: Citi, Citi Bailout, Credit Card Interest Rates, Citigroup Bailout, Citigroup, Citi Credit Cards, Citigroup Credit Cards, Business News

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...

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Citigroup Raising Salaries As Much As 50%

AP | Stephen Bernard | Posted 07.24.2009 | Business

Read More: Citi, Citi Bailout, Citigroup Pay, Citi Raising Pay, Citigroup Bailout, Citigroup Salaries, Citigroup Raising Pay, Citigroup, Business News

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

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BofA, Citi Risk Getting Left Behind By Healthy Rivals

Reuters | Posted 07.03.2009 | Business

Read More: Citi, Goldman Sachs, JPMorgan Chase, Citigroup, Bank of America, Citigroup Bailout, BofA Bailout, Bofa, Citi Bailout, Business News

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...

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Citigroup: TARP loans near $45 billion mark

AP | MADLEN READ | Posted 06.12.2009 | Business

Read More: Citi, TARP Citigroup, Citigroup, Business News

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...

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Feds Give BofA And Citi 30 Days To Fire Their CEOs

businessinsider.com | Joe Weisenthal | Posted 06.07.2009 | Business

Read More: Citi, Bank of America, Stress Tests, Bofa, BofA CEO, Citigroup, Citi CEO, Business News

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 ...

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Citi Could Need $10 Billion In New Capital

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

Read More: Citi, Stress Tests, Stress Test Results, Citibank Capital, Citibank, Business News

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...

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Citi Wants Geithner's Approval To Pay Out Bonuses

Posted 05.29.2009 | Business

Read More: Pandit Bonuses, Citi, Vikram Pandit, Citi Bonus, Citi Bonuses, Vikram Pandit Bonus, Citi Treasury Bonuses, Business News

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...

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Bringing Democracy to Corporate America

Richard Arthur | Posted 04.30.2009 | Business

Read More: Tarp, Citi, Aig, Economic Stimulus Package, Corporate Responsibility, Bailout, Icahn, Corporate America, Democracy, Obama, Corporate Power, Corporate Greed, Wall Street Bonuses, Economy, Business News

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.

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Citigroup Dividend Payments Still Ongoing

Huffington Post | Julie Satow | Posted 04.17.2009 | Business

Read More: Citi, Citi Preferred Shareholders, Dividends Citigroup, Citigroup Preferred Shareholders, Sovereign Wealth Funds Citigroup, Citibank, Citigroup Dividends, Citigroup, Citigroup Sovereign Wealth Funds, Citigroup Dividend, Citigroup Preferred Dividends 2009, Citigroup Pays Dividends, Business News

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

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Citigroup Execs' $2.2 Million Windfall

bloomberg.com | David Scheer | Posted 04.12.2009 | Business

Read More: Citigroup Stocks, Citi, Stocks, Citigroup Bailout, Citigroup, Business News

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...

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Citigroup's History Of Overreaching, Then Being Rescued

Washington Post | Binyamin Appelbaum | Posted 04.11.2009 | Business

Read More: Vikram Pandit, Citi, Citigroup Government, Citi Bailout, Citigroup CEO, Citigroup Bailout, Bailout Citigroup, Citigroup, Bailout Outrage, Business News

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...

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

Huffington Post | Julie Satow | Posted 04.05.2009 | Business

Read More: Citi, Citibank, Citigroup Rescue, Citigroup Bailout, Citigroup, Slideshow, Business News

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 ...

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