Citi Gives Up Challenge To Wells Fargo-Wachovia Deal
NEW YORK — Wells Fargo emerged as the apparent victor in the battle for control of Wachovia bank Thursday night, after rival suitor Citigroup br...
Citicorp
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Bailout Ballet: New York Times Reports on Hank Paulson/Pimco's Bill Gross Pas de Deux
Raymond J. Learsy | Posted 09.26.2008 | Business
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Cnbc,
Hank Paulson,
Pimco,
Freddie Mac Fannie Mae,
Bill Gross,
New York Times,
Bill Gates,
Us Treasury,
Citicorp,
Business News
Talk about setting the fox in the hen house. The Times outdid itself in puffing Bill Gross's frightening offer to become the bailout adviser to the Treasury.
Citi Merger "A Mistake," Says Dealmaker
Financial Times | Francesco Guerrera | Posted 04.04.2008 | Business
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Vikram Pandit,
John Reed,
Citigroup,
Wall Street,
Financial Sector,
Travelers Insurance,
Citicorp,
Business News
The landmark merger that created Citigroup was a "mistake" that failed to benefit the financial services conglomerate's investors, customers and emplo...
How To Clean Up the Credit Mess
Ann Lee | Posted 11.27.2007 | Business
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Federal Reserve,
Sec,
Al Hubbard,
Annette Nazareth,
Tim Geithner,
Citicorp,
Business News
It isn't a coincidence that politicians and regulators can talk all they want about a need for transparency, but they don't spell it out, and they don't make it happen.
Rob the Poor to Pay the Rich
Ann Lee | Posted 11.24.2007 | Business
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Fannie Mae,
Ben Bernanke,
Wall Street,
Us Treasury,
Gerald Corrigan,
Citicorp,
Aig,
Business News
This latest boom and bust of subprime mortgages, out-of-control credit card issuance and private equity acquisitions have created the largest transfer of wealth from the poor to the rich in modern history.
Big Citigroup Bail-Out Fund Already In Trouble
24/7 Wall Street | Douglas A. McIntyre | Posted 10.19.2007 | Business
Several banks with troubled fixed income and mortgage securities are making the rounds to raise $80 billion to $100 billion to build a fund to buy som...
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AP | SARA LEPRO | Posted 10.09.2008 | Business