Citigroup Rescue

Sandy Weill, Former Citi CEO, Has Trophy That Reads 'Glass-Steagall 'Shatterer'

Huffington Post | Grace Kiser | Posted 05.25.2011

Read More: Vikram Pandit, Sanford Weill, Citigroup CEO, Citigroup Rescue, Citigroup Bailout, Glass-Steagall Act, Citigroup CEO Vikram Pandit, Sandy Weill, Glass-Steagall, Citigroup, Business News

Don't confuse Sandy Weill for those Wall Street execs who fret over "optics." In a melancholy NYT profile of Sandy Weill over the weekend, the for...

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U.S. Weighs Further Steps For Citi

Wall Street Journal | DAMIAN PALETTA, JON HILSENRATH and DAVID ENRICH | Posted 05.25.2011

Read More: Citi Bailout, Citigroup Rescue, Pandit Memo, Economy, Contingency Planning, Financial Crisis, Citi Rescue, Citigroup Bailout, Business News

Barely a week after the third rescue of Citigroup Inc., U.S. officials are examining what fresh steps they might need to take to stabilize the bank if...

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

Huffington Post | Julie Satow | Posted 05.25.2011

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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Looking for Bailout Love in All the Wrong Places

Don McNay | Posted 05.25.2011

Read More: Citigroup CEO, Wall Street Bailout, Hank Paulson, Wayne Rogers, Lobbyists, Credit Card Rates, Todd Thomson, Fox Business Network, Common Sense, Aig, Citigroup Rescue, Bailout, Insurance, Maria Bartiromo, Hank Greenberg, Mash, Kentucky, Lexington KY, Personal Finance, Credit Card Industry, New AIG Bailout, Bad People, Maurice "Hank" Greenberg, Auto Insurance, Cnbc, AIG Bailout, Don McNay, Credit Card Debt, Credit Cards, Insurance Companies, Insurance Industry, Robert Rubin, Debt Collectors, Citigroup Stock, Credit Card Interest Rates, Wall Street Crisis, Citigroup Bailout, Good People, American Insurance Group, Bad-Deals, Ron Shelp, Good-Deals, Citigroup, Bailout Outrage, Business News
Don McNay

Citigroup and AIG employ thousands of good people. But they have had rotten apples in leadership. They created a culture that is probably impossible to change or fix.

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Citigroup's Third Government Bailout Probably Not Its Last: Analysts

Bloomberg | Christine Harper | Posted 05.25.2011

Read More: Citigroup Rescue, Bank Bailouts, Economy, Financial Crisis, Citigroup Bailout, Recession, Citigroup, Business News

The U.S. government's third attempt to help rescue Citigroup Inc. won't stanch the company's losses, which will continue to swell and may lead the ban...

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Treasury Considering More Citigroup-Style Rescue Packages

AP | JEANNINE AVERSA | Posted 05.25.2011

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...

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Is Robert Rubin "Competent" Enough To Guide Team Obama?

Jane Hamsher | Posted 05.25.2011

Read More: Robert Rubin, Citibank, Paul Krugman, Barack Obama Robert Rubin, Citigroup Rescue, Citigroup Bailout, Barack Obama, Citigroup, Obama's Economic Team, Business News
Jane Hamsher

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.

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Citigroup Bailout: Feds Offer Massive Rescue Package To Financial Giant

Huffington Post/NYT/AP/WSJ | Posted 05.25.2011

Read More: Citigroup Treasury Department, Citigroup Federal Reserve, Citi Bailout, Citigroup Rescue, Citigroup Bailout, Financial Crisis, Citi Rescue, Citibank Rescue, Citigroup, Bailout Bandits, Business News

The government unveiled a bold plan Sunday to rescue troubled Citigroup, including taking a $20 billion stake in the firm as well as guaranteeing hund...

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