Sustainability| More...
 

Citi

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...

Read Whole Story

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
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.

Read Post

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, ...

Read Whole Story

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...

Read Whole Story

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...

Read Whole Story

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 ...

Read Whole Story

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

New York Post | MARK DeCAMBRE | Posted 03.20.2009 | Business

Read More: Citi Cash, Citi, Citibank, Citigroup Bailout, Citi Asset Sales, Citigroup Asset Sales, Citigroup, Business News

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...

Read Whole Story

Citibank May Walk Out On Mets Stadium

Reuters | Posted 03.06.2009 | Business

Read More: Naming Rights, Citi, New York Mets, Mets Stadium, Citibank, Mets, Tarp, Baseball, Economy, Citi Field, Business News

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...

Read Whole Story

"Bankers Behaving Badly": A Needed Remedy for a Financial Industry Gone Off The Rails

Raymond J. Learsy | Posted 03.25.2009 | Business

Read More: Private Planes, Wall Street. Citgroup. Lehman Brothers, Thain, Citi, Merrill Lynch, Citigroup, John Thain, John Thain Bank of America, Lehman Brothers, Merrill Lynch Thain, John Thain Bonus, Bailout Outrage, Business News
Raymond J. Learsy

A company's public conduct and public image, like that of Citi and Lehman, should be a determinant of which companies get taxpayer monies. The days of Wall Street rules are at an end.

Read Post

Obama Officials Tell Citibank To Ditch Plans For $50 Million Private Jet

ABC/Huffington Post | Katharine Zaleski | Posted 02.27.2009 | Business

Read More: Citi, Citigroup, Obama and Corporate Greed, Citi Jet, Citigroup Jet, Obama's First 100 Days, Airplanes, Dassault Falcon 7X, Citigroup and Obama, Obama Slams Citigroup, Corporate Jets, New Planes for Citibank, Citibank Corporate Greed, Obama and the Citibank Jet, Citibank Plane, Citibank Jet, Citibank Private Jet, Citibank Jet Purchase, Citi Bank Plane, Obama Citibank Jet, Citibank, Obama Citibank, Citibank Buys Jet, Citi Bank Jet, Citibank Corporate Jet, Citibank Airplane, Business News

According to a report from ABC News, President Obama is not taking kindly to corporate greed, especially when it's funded by taxpayer money. Read more...

Read Whole Story

Citi Jet Purchase: $50 Million, 12-Seat Plane Despite $45 Billion Bailout

Huffington Post | Danny Shea | Posted 02.27.2009 | Business

Read More: Citi, Airplanes, Citigroup, Citigroup Jet, Citi Jet, Dassault Falcon 7X, Corporate Jets, Business News

The New York Post's Jennifer Keil and Chuck Bennett reported in Monday's paper that Citigroup, which has received $45 billion in government bailout fu...

Read Whole Story

Citigroup Posts $8.3 Billion Loss, Splits Up Company

AP | MADLEN READ | Posted 02.16.2009 | Business

Read More: Citi, Citigroup Split, Banks, Citigroup, Citigroup Earnings, Citibank, Business News

NEW YORK — Citigroup Inc. on Friday announced its latest attempt to become profitable again: Splitting the bank into two pieces. Citigroup _ af...

Read Whole Story

Bank Stocks Plunge: Bank Of America, Citi Take Dive

AP | STEVENSON JACOBS and DANIEL WAGNER | Posted 02.15.2009 | Business

Read More: Banking, JP Morgan, Citigroup, Citi, Bank of America, Business News

NEW YORK — The banks may need a bigger bailout. The government is mulling another multibillion-dollar aid package for Bank of America Corp., ra...

Read Whole Story

Citigroup Breaks Up, "Financial Supermarket" Model Dead

AP | MADLEN READ and SARA LEPRO | Posted 02.14.2009 | Business

Read More: Vikram Pandit, Citi, Citibank, Bailout Bandits, Sandy Weill, Citi Financial Supermarket, Citigroup, Business News

...

Read Whole Story

Forbes: Citi On Fire

Forbes | Liz Moyer | Posted 02.13.2009 | Business

Read More: Citi, Citigroup, Citibank, Business News

Anxiety about the fate of Citigroup is growing. Investors fear the company may need more assistance from the federal government to stay afloat, even ...

Read Whole Story

Citi Stock Drops To Lowest Level Since Bailout

Bloomberg | Josh Fineman | Posted 02.13.2009 | Business

Read More: Citi, Citigroup, Citi Stock Price, Citibank, Business News

Jan. 13 (Bloomberg) -- Citigroup Inc. fell to the lowest level in New York trading since November, when the government provided a $20 billion rescue ...

Read Whole Story

Citi Turmoil: Urged To Ditch Chairman, Parsons Potential Replacementb

New York Times | ERIC DASH | Posted 02.12.2009 | Business

Read More: Dick Parsons, Citi, Citigroup, Richard Parsons, Winfried F. W. Bischoff, Dick Parsons Citi, Business News

Federal banking regulators are pressing Citigroup to shake up its board and replace its chairman, Winfried F. W. Bischoff, in an effort to restore con...

Read Whole Story

Robert Rubin Resigns As Citigroup Adviser

AP | MADLEN READ | Posted 02.09.2009 | Business

Read More: Rubin Resigns, Citi, Citigroup, Robert Rubin, Robert Rubin Citibank, Business News

NEW YORK — Officials at the embattled banks Citigroup and Morgan Stanley will negotiate over the weekend about possibly combining their wealth m...

Read Whole Story

Treasury Considering More Citigroup-Style Rescue Packages

AP | JEANNINE AVERSA | Posted 02.02.2009 | Business

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

WASHINGTON — The Treasury Department opened the door Friday to using a Citigroup-style rescue package to help other troubled financial instituti...

Read Whole Story

Citigroup Posts $2.8 Billion Loss

AP | MADLEN READ | Posted 11.16.2008 | Business

Read More: Citibank, Citigroup, Citi, Citibank Losses, Business News

NEW YORK — Citigroup Inc., suffering its fourth straight quarterly loss and forfeiting the title of largest U.S. bank by assets, is falling behi...

Read Whole Story

Citi Gives Up Challenge To Wells Fargo-Wachovia Deal

AP | SARA LEPRO | Posted 11.09.2008 | Business

Read More: Citibank, Citi, Citicorp, Wells Fargo, Wachovia, Business News

NEW YORK — Wells Fargo emerged as the apparent victor in the battle for control of Wachovia bank Thursday night, after rival suitor Citigroup br...

Read Whole Story

Citi, Wells Fargo Extend Cease-Fire Over Wachovia

Reuters | Dan Wilchins | Posted 11.08.2008 | Business

Read More: Citi, Wachovia Deal, Wachovia, Wells Fargo, Business News

Citigroup Inc and Wells Fargo & Co agreed to extend their legal standstill for two more days as they scrambled to come to a deal that could see them d...

Read Whole Story

Court tilts Wachovia fight toward Wells Fargo

AP | SARA LEPRO | Posted 11.05.2008 | Business

Read More: Citigroup, Wells Fargo, Wachovia, Citi, Business News

NEW YORK — The battle for control of troubled bank Wachovia tilted toward Wells Fargo Sunday as a state appeals court blocked a lower court ruli...

Read Whole Story

Citi To Slash 10 Percent Of Its Worldwide Investment Banking Workforce

Wall Street Journal | David Enrich And Dennis Berman | Posted 06.30.2008 | Business

Read More: Citi Investment Banking Layoffs, Citi, Citi Layoffs, Citi Firings, Business News

Citigroup Inc., in the latest sign of bloodletting on Wall Street, is set this week to embark on an aggressive round of layoffs within its investment-...

Read Whole Story

How The Press Failed Readers On The Changing Credit Card Industry

Columbia Journalism Review | Dean Starkman | Posted 03.28.2008 | Media

Read More: Credit Card, Credit Card War, Credit Card Companies, Chase, Dean Starkman, Dean Starkman Credit Cards, Changing Credit, CJR Credit Cards, Changing Credit Card Industry, Hsbc, The Wall Street Journal, Discover, The Financial Times, American Express, Visa, Press Ignores Changing Credit Card Industry, Dean Starkman CJR, Dean Starkman Credit, CJR Credit, Business Week, Credit Card Company, Deam Starkman Columbia Journalism Review, Bank of America, Credit Cards, Fortune, Columbia Journalism Review, Citi, Mastercard, Credit War, Press Ignores Economy, Wachovia, Forbes, Credit, Cjr, Media News

One of the paradoxes of the business press is that while everyone should read it, since we all live in the economy, not everyone does. In fact, most p...

Read Whole Story