Citigroup Rescue

U.S. Weighs Further Steps For Citi

Wall Street Journal | DAMIAN PALETTA, JON HILSENRATH and DAVID ENRICH | Posted 04.09.2009 | Business

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...

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

Looking for Bailout Love in All the Wrong Places

Don McNay | Posted 04.03.2009 | Business

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.

Read Post

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

Bloomberg | Christine Harper | Posted 03.31.2009 | Business

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...

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

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

Jane Hamsher | Posted 12.26.2008 | Business

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.

Read Post

Citigroup Bailout: Feds Offer Massive Rescue Package To Financial Giant

Huffington Post/NYT/AP/WSJ | Posted 12.24.2008 | Business

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...

Read Whole Story