Is Vikram Pandit in Favor of Real Reform?
Testifying today before the TARP Congressional Oversight Panel, Vikram Pandit claimed that Citigroup is on the side of the angels -- in this case, the side of real financial reform.
Testifying today before the TARP Congressional Oversight Panel, Vikram Pandit claimed that Citigroup is on the side of the angels -- in this case, the side of real financial reform.
Huffington Post | Grace Kiser | Posted 02.25.2010 | Business
Update 5:54 PM ET Jason Goldberg, the CEO of fabulis, says that Citi issued "a good and sincere apology" to the company this afternoon. Here's an exc...
Pat Choate | Posted 02.24.2010 | Business
All of us know how the big Wall Street banks made a mess of Main Street. Now the banks are sticking it to the little guy in another way -- in the world of patents and intellectual property.
The Media Consortium | Posted 02.19.2010 | Green
By Sarah Laskow, Media Consortium Blogger If you were to look out to the horizon of the clean energy field right now, you would see the hazy outlines ...
bloomberg.com | Nikolaj Gammeltoft and Whitney Kisling | Posted 02.17.2010 | Business
Feb. 17 (Bloomberg) -- Firms run by John Paulson, Eric Mindich and George Soros purchased almost half a billion shares in Citigroup Inc. last quarter ...
walletpop.com | Geoff Williams | Posted 02.14.2010 | Business
It's no revelation that big banks have an image problem these days. And to add proof to what we'd already suspected, a new report from Forrester Resea...
HuffingtonPost.com | Shahien Nasiripour | Posted 02.09.2010 | Business
The giant credit rating agency Standard & Poor's issued a stark warning Tuesday to creditors of Citigroup and Bank of America, two firms that up until...
Stephen Gyllenhaal | Posted 02.08.2010 | Business
I was having coffee with a friend, who finally opened up and admitted she was in dire financial straits. Her features were equal parts relief and misery -- she had spoken to almost no one about this.
Posted 02.04.2010 | Business
According to a new report out this week, customers are much less likely to trust big banks than credit unions and regional banks. In its annual cus...
Mother Jones | — Kate Sheppard | Posted 02.03.2010 | Business
Among Bank of America's 50 million customers, Pierre Falcone was far from ordinary. An infamous global arms dealer who illegally sold weapons to Angol...
Reuters | Jonathan Stempel | Posted 02.01.2010 | Business
NEW YORK, Feb 1 (Reuters) - Citigroup Inc (C.N) has shelved plans to impose new fees on more than a million customers nationwide who took out "free ch...
Jamie Chase | Posted 02.02.2010 | Business
Healthy pride feeds our desire to create our own solutions -- and to send a strong message to mega-banks that we won't be their prey. That's why credit unions are a logical move.
Loral Langemeier | Posted 01.20.2010 | Living
There your money lays, wasting away as climbing inflation turns it to dust. Or at least whatever dust is worth. How much is that, exactly?
AP | STEPHEN BERNARD | Posted 01.19.2010 | Business
NEW YORK — Citigroup Inc. became the latest bank to take a cautious view of consumers' credit problems, reporting a $7.77 billion fourth-quarter...
Alan Singer | Posted 01.18.2010 | New York
This is not a good time to assign responsibility for what happened and is happening in Haiti. People are too upset. But there is never a good time to assign responsibility.
ft.com | Francesco Guerrera | Posted 03.18.2010 | Business
Citigroup is to cap cash bonuses for bankers at below $100,000, according to people close to the situation. The move is aimed at defusing the public i...
Jack Blum | Posted 03.18.2010 | Books
The approach of looking to the roles, activities, sponsors, and networks of players--be they organized crime figures, politicians, experts, influencers, or some combination thereof--is today, more than ever, imperative.
HuffingtonPost.com | Arthur Delaney | Posted 03.18.2010 | Business
Last spring, Sandee Molenda says she was told by a doctor that her 75-year-old mother, ill with cancer and a systemic infection, didn't have long to ...
Francine Hardaway | Posted 03.18.2010 | Business
I'm reading Andrew Ross Sorkin's Too Big to Fail, and it is making me sick.
ABC News | DAVID MUIR and SADIE BASS | Posted 03.18.2010 | Business
Consumer advocates say the race is on, as banks and credit card companies look for ways to make up the estimated $50 billion they're about to lose whe...
Joel Epstein | Posted 03.18.2010 | Los Angeles
I'm making real investment in fast trains that run where people live and want to go my wish for the New Year.
AP | Posted 03.18.2010 | Business
WASHINGTON — The FBI is investigating a hacker attack on Citigroup Inc. that led to the theft of tens of millions of dollars, The Wall Street Jo...
HuffingtonPost.com | Shahien Nasiripour | Posted 03.18.2010 | Business
Despite controversy surrounding the financial instruments known as derivatives -- and legislation that might finally start to regulate them -- the nat...
AP | ALAN ZIBEL | Posted 03.18.2010 | Business
WASHINGTON — Citigroup Inc. will suspend foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers during the holida...
HuffingtonPost.com | Shahien Nasiripour | Posted 03.18.2010 | Business
The Treasury Department is backing off its plans to help Citigroup free itself from partial government ownership after the markets priced Citi's share...
James Kwak | Posted 03.04.2010 | Business