Citigroup Stock Sale DELAYED By Treasury Department
The Treasury Department is backing off its plans to help Citigroup free itself from partial government ownership after the markets priced Citi's share...
The Treasury Department is backing off its plans to help Citigroup free itself from partial government ownership after the markets priced Citi's share...
Robert Scheer | Posted 12.16.2009 | Business
Obama's stern rhetoric apparently did not move the top banking honchos who failed to show up for this week's White House meeting with the president.
nytimes.com | ANDREW MARTIN and ERIC DASH | Posted 12.04.2009 | Business
A day after Bank of America announced that it would repay its federal bailout money, Citigroup and Mr. Pandit, its chief executive, were left in the u...
AP | CANDICE CHOI | Posted 11.20.2009 | Business
NEW YORK — For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requi...
Lesley Stern | Posted 11.12.2009 | Comedy
If you're quivering with rage just thinking about Wall Street, it's time to take action. I've discovered a way to achieve a semblance of inner peace without therapists, tranquilizers or weapons.
The Huffington Post | Ryan McCarthy | Posted 11.09.2009 | Business
It may be the most direct apology of the financial crisis. Former Citigroup chairman and CEO, John Reed, has apologized to a Bloomberg reporter fo...
Posted 11.12.2009 | Business
Call it the Great Cash Hoard. The Wall Street Journal reports this morning that, in response to the financial crisis, U.S. companies are hoarding ...
New York Times | ANDREW MARTIN and GRETCHEN MORGENSON | Posted 11.01.2009 | Business
OVER the past 80 years, the United States government has engineered not one, not two, not three, but at least four rescues of the institution now know...
Reuters | Posted 10.09.2009 | Business
(Reuters) - The U.S. Federal Deposit Insurance Corp is questioning the positive conclusions given to Citigroup Inc's management team in a government-m...
wsj.com | David Enrich and Joann S. Lublin | Posted 10.08.2009 | Business
An outside review of Citigroup Inc.'s management team has concluded that it is generally in good shape but that some shuffling of senior executives mi...
The Huffington Post | Ryan McCarthy | Posted 10.17.2009 | Business
Yet another Wall Street analyst has hammered Citigroup, despite a recent surge in the bank's stock price. Shares in Citigroup have shot up more than 6...
latimes.com | Edward Cody | Posted 09.27.2009 | Business
Vik, Norway - The 2,800 residents of this pristine village isolated on a narrow finger of the gleaming Sognefjord are embarrassed, angry and eager to ...
bloomberg.com | Posted 09.19.2009 | Business
Citigroup Inc.'s $301 billion of federal asset guarantees, extended by the U.S. last year to help save the bank from collapse, will be audited to calc...
Reuters | Matthew Goldstein | Posted 09.13.2009 | Business
Hard as it may be to believe, shares of beleaguered Citigroup are on fire. The stock of the de facto U.S. government-owned bank is up some 300 percen...
nytimes.com | STEPHEN LABATON and ERIC DASH | Posted 09.13.2009 | Business
WASHINGTON -- Citigroup is planning to claim that an energy trader who is due to receive compensation of $100 million this year should be exempt from...
Financial Times | Posted 08.15.2009 | Business
Citigroup is close to a secret agreement with one of its main regulators that will increase scrutiny of the US bank and force it to fix financial, man...
Posted 07.26.2009 | Business
As we all know by now, the financial crisis was caused by a series of systematic failures -- botched regulations, corporations that grew to be too big...
bloomberg.com | Josh Fineman and Bradley Keoun | Posted 07.25.2009 | Business
June 24 (Bloomberg) -- Citigroup Inc. suspended loan applications at a unit that produced half of its $115 billion in mortgages last year after a revi...
The Huffington Post | Ryan McCarthy | Posted 07.23.2009 | Business
They're coming out on top, even in a down market. This week Crains released its "Fortunate 100," a ranking of the New York City area's highest-paid ex...
Robert Teitelman | Posted 07.12.2009 | Business
In the run-up to testimony by Bank of America chief Ken Lewis on the Merrill Lynch & Co. affair, e-mails are suddenly leaking from the Beltway colander, though their ultimate source, strangely enough, is that opaque wonderland, the Federal Reserve.
New York Times | ERIC DASH | Posted 07.11.2009 | Business
Tough words from Washington arrived by phone on Tuesday at Citigroup headquarters in New York. On the line was Sheila C. Bair, the head of the Fede...
AP | Posted 07.06.2009 | Business
NEW YORK — The Federal Deposit Insurance Corp. is reportedly pressing for a management shake-up at embattled bank Citigroup Inc., putting CEO Vi...
Yvette Kantrow | Posted 06.18.2009 | Business
At a time when the financial press is in the doghouse for cozying up to CEOs and failing to see the economic disaster ahead, Buffett remains above the fray.
AP | The Associated Press | Posted 06.02.2009 | Business
The 10 highest-paid CEOs for 2008 at Standard & Poor's 500 companies based on calculations by The Associated Press. The analysis includes companies th...
Michael Moore | Posted 06.01.2009 | Business
Instead of putting those responsible for the financial crisis in jail, why did we give them huge sums of our hard-earned tax dollars. Bernard Madoff is nothing more than the scab on the wound.
HuffingtonPost.com | Shahien Nasiripour | Posted 12.16.2009 | Business