Two congressmen at opposite ends of the political spectrum have found something to agree on: Tear down that sign. In 2006, Citigroup entered into a $...
Vivian Norris de Montaigu | Posted 02.28.2009 | Business
Microcredit is the one banking system that is actually working. What other bank these days is made up mostly of women borrowers and can claim a 98-99% payback rate? Surely not Citibank!
Paul Loeb | Posted 02.27.2009 | Business
Pfizer, Viagra's daddy, is using money from taxpayer-bailed-out banks to help buy major pharmaceutical competitor Wyeth. That won't help taxpayers or consumers. Nor is it designed to.
ABC | Posted 02.27.2009 | Politics
The high-flying execs at Citigroup caved under pressure from President Obama and decided today to abandon plans for a luxurious new $50 million corpor...
ABC/Huffington Post | Katharine Zaleski | Posted 02.27.2009 | Business
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...
Edward Jay Epstein | Posted 02.22.2009 | Business
To the extent that Madoff's investors paid taxes on false capital gains, they are owed tax refunds -- with interest; investors may deduct billions worth of their loss against other income.
Michael Wolff | Posted 02.22.2009 | Business
You don't bring Dick Parsons in when you expect a turn-around or a rebirth or a new idea, you bring Dick Parsons in because he doesn't make you feel worse about the fix you're in.
Paul Jenkins | Posted 02.17.2009 | Politics
Let's not lose sight of the fact that, like Cheney, these political and business leaders all think they know what they are doing.
AP | MADLEN READ | Posted 02.16.2009 | Business
NEW YORK — Citigroup Inc. on Friday announced its latest attempt to become profitable again: Splitting the bank into two pieces. Citigroup _ af...
Christopher Brauchli | Posted 02.15.2009 | Business
As credit card holders who carry unpaid balances know, most credit card companies reserve the right to raise interest rates at most any time for most any reason.
tmz.com | TMZ Staff | Posted 02.15.2009 | Entertainment
Citibank has just won a judgment against Ed McMahon for $179,687.08 Citi had sued Ed in L.A. County Superior Court last June. A judge has issued a ...
AP | MADLEN READ and SARA LEPRO | Posted 02.14.2009 | Business
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Forbes | Liz Moyer | Posted 02.13.2009 | Business
Anxiety about the fate of Citigroup is growing. Investors fear the company may need more assistance from the federal government to stay afloat, even ...
Bloomberg | Josh Fineman | Posted 02.13.2009 | Business
Jan. 13 (Bloomberg) -- Citigroup Inc. fell to the lowest level in New York trading since November, when the government provided a $20 billion rescue ...
AP | JEANNINE AVERSA | Posted 02.02.2009 | Business
WASHINGTON — The Treasury Department opened the door Friday to using a Citigroup-style rescue package to help other troubled financial instituti...
Fortune's Stanley Bing | Posted 01.16.2009 | Business
Let's make this a merry and happy holiday season for all the needy around the world, including the fine companies whose stocks are stupidly undervalued by the moronic times in which we live.
Reuters | Martha Graybow | Posted 01.03.2009 | Business
An investor lawsuit contends that Citigroup Inc insiders, including senior counselor and former U.S. Treasury Secretary Robert Rubin, sold more than $...
Jonathan Tasini | Posted 12.30.2008 | Politics
It's Judgment Day. Rubin needs to get a pink slip and stand on the unemployment line with the vast sea of people he helped put there.
Robert L. Borosage | Posted 12.26.2008 | Politics
Obama presented his economic team -- all protégés of Robert Rubin -- just as the Treasury was pumping out billions to rescue Citibank -- which featured Rubin as chair of its executive committee. Is this the change we need?
Joe Peyronnin | Posted 03.25.2009 | Business
It is going to take more than a $750 billion TARP for the newly established "Office of Financial Stability" to right the ship.
Jane Hamsher | Posted 12.26.2008 | Business
Yes, it's incredible that nobody required Rubin and the board to resign as a condition of the Citibank bailout. But I tend to look at these final days as the BushCo crooks holding their final heist.
ABC News | Posted 12.25.2008 | Business
AIG, Citibank and a number of other federally bailed-out financial institutions have no plans to cancel hundreds of millions of dollars in sports team...
David Paul | Posted 12.24.2008 | Business
The current lesson for the commercial banks is that if they want to survive, they should not do any of the things -- such as increase lending -- that the Treasury is trying to get them to do.
Reuters | Posted 12.22.2008 | Business
Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person famil...
Reuters | Posted 12.21.2008 | Business
Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of...
HuffingtonPost.com | Ryan Grim | Posted 03.01.2009 | Politics