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Vikram Pandit

Citigroup Credit Cardholders Will See Rates Jump -- Unless They Spend

AP | CANDICE CHOI | Posted 11.20.2009 | Business

Read More: Vikram Pandit, Consumer Debt, Citibank Rate Hike, Citibank, Credit Card Debt, Credit Cards, Citigroup, Business News

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...

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How to Live on $0 a Day: Assuaging Rage, One Prick at a Time

Lesley Stern | Posted 11.12.2009 | Comedy

Read More: George Bush, Citi, Insurance Companies, Justice, Hank Paulson, John Boehner, Real Housewives, Washington, Economy, Ben Bernake, Bailouts, Larry Summers, Psychology, Balloon Boy Dad, Humor, John Edward, Sarah Palin, Self-Help, Dick Cheney, Comedy, Bank of America, Goldman Sachs, Comcast, AT&T, Dr. Phil, Ken Lewis, Bill Kristol, Joe Jackson, Satire, Rupert Murdoch, Financial Crisis, Aetna, Jamie Dimond, Bernie Madoff, Rage, Lloyd Blankfein, Netanyahu, Depression, Chase, Mental Health, Rush Limbaugh, Carrie Prejean, Bin Laden, Recession, Advice, Jim Cramer, Vikram Pandit, Anger, Michele Bachmann, Wall Street, Tim Geithner, Glenn Beck, Joe Lieberman, Kim Zolciak, Shadegg, Ahmadinajad, Crooks and Liars, Disney, Comedy News
Lesley Stern

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.

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John Reed, Former Citigroup CEO, APOLOGIZES For Creating Monster Of A Bank

The Huffington Post | Ryan McCarthy | Posted 11.09.2009 | Business

Read More: Former Citigroup CEO, Bloomberg, Vikram Pandit, Glass-Steagal, Financial Reform, Financial Crisis, John Reed, Too Big Too Fail, Traveler's, Citigroup, Business News

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...

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Citigroup, Bank Of America Among Companies Hoarding Cash

Posted 11.12.2009 | Business

Read More: Bank of America, Vikram Pandit, Google, Financial Crisis, Citigroup, Business News

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 ...

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Can Citigroup Carry Its Own Weight?

New York Times | ANDREW MARTIN and GRETCHEN MORGENSON | Posted 11.01.2009 | Business

Read More: Tarp, Geithner, Hank Paulson, Fdic, Paulson, Economy, Mortgage Crisis, Vikram S. Pandit, Taxpayers, Gmac, Housing Crisis, Recession, Citi, Vikram Pandit, Mortgages, Subprime Mortgages, Wall Street, Bailout, Finance, Common Stock, Treasury, Banks, Timothy Geithner, Citigroup, Business News

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...

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Citigroup's Positive Management Review Questioned By FDIC

Reuters | Posted 10.09.2009 | Business

Read More: Fdic, Citigroup, Sheila Bair, Vikram Pandit, Citibank, Federal Deposit Insurance Corp, Business News

(Reuters) - The U.S. Federal Deposit Insurance Corp is questioning the positive conclusions given to Citigroup Inc's management team in a government-m...

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Citigroup Management Gets "Good" Rating From Outside Reviewer

wsj.com | David Enrich and Joann S. Lublin | Posted 10.08.2009 | Business

Read More: Vikram Pandit, Fdic, Lewis Kaden, Don Callahan, Egon Zehnder International, Citigroup Board, Citigroup, Business News

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...

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Citigroup Is "Queen Of The Zombie Dance Party": Institutional Risk Analyst

The Huffington Post | Ryan McCarthy | Posted 10.17.2009 | Business

Read More: Vikram Pandit, Citi, Queen of the Zombie Party, Institutional Risk Analyst, Christopher Whalen, Citigroup, Business News

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...

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Norwegian Towns Sue Citigroup Over Investment Losses

latimes.com | Edward Cody | Posted 09.27.2009 | Business

Read More: Vikram Pandit, Citi, Norway, Bremanger, Hemnes, Sognefjord, Hattfjelldal, Citigroup, Business News

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 ...

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Citigroup's Asset Guarantees to Be Audited by TARP

bloomberg.com | Posted 09.19.2009 | Business

Read More: Vikram Pandit, Economic Recovery, Tarp-Auditor, Economic Collapse, Citigroup CEO Vikram Pandit, Tarp Funds, Tarp, Recession, Citigroup, Federal Asset Gaurantees, Business News

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...

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Citigroup's Toxic Assets Obscured By Rising Stock Price: Reuters

Reuters | Matthew Goldstein | Posted 09.13.2009 | Business

Read More: Vikram Pandit, Collaterized Debt Obligations, Toxic Assets, Special Asset Pool, Citigroup, Business News

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...

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Citigroup Traders $100M Pay Package Eyed By Pay Czar

nytimes.com | STEPHEN LABATON and ERIC DASH | Posted 09.13.2009 | Business

Read More: Vikram Pandit, Pay Czar, Phibro, Kenneth Feinberg, Andrew Hall, Citigroup, Business News

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...

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Citi Close To Secret Deal With Regulator

Financial Times | Posted 08.15.2009 | Business

Read More: Vikram Pandit, Citi Bailout, Citi, Citi FDIC, Citigroup, Citigroup Bailout, Citi Secret Deal, Business News

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...

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Biggest Villains Of The Financial Crisis (POLL)

Posted 07.26.2009 | Business

Read More: Vikram Pandit, Allen Stanford, Slidepoll, Financial Crisis, Slideshow, Alan Greenspan, Angelo Mozilo, Bernie Madoff, Dick Fuld, Biggest Villans, Phil Graham, Business News

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...

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Citigroup Error Stops Some Mortgage Applications Because of Lost Data

bloomberg.com | Josh Fineman and Bradley Keoun | Posted 07.25.2009 | Business

Read More: Citigroup, Vikram Pandit, Citigroup Bailout, Mortgage Applications, Mortgage Crisis, Business News

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...

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NYC's 10 Biggest Paychecks: Who's Overpaid? (POLL)

The Huffington Post | Ryan McCarthy | Posted 07.23.2009 | Business

Read More: Altria, Lloyd Blankfein, Vikram Pandit, JPMorgan Chase, Slidepoll, Alliancebernstein, Mario Gabelli, Jamie Dimon, Peter Kraus, Citigroup, Business News

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...

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Paying The Price Of Fragmented Regulation

Robert Teitelman | Posted 07.12.2009 | Business

Read More: Citigroup, Sec, Regulatory Reform, Federal Reserve, Eliot Spitzer, Fdic, Vikram Pandit, Bank of America, Merrill Lynch, Regulatory Capture, Ken Lewis, Banking Regulatory Reform, Tim Geithner, Treasury, Robert Teitelman, Sheila Bair, Business News
Robert Teitelman

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.

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FDIC's Bair Pressures Citi: Get Your House In Order

New York Times | ERIC DASH | Posted 07.11.2009 | Business

Read More: Vikram Pandit, Fdic, Citigroup, Sheila C. Bair, FDIC Pressures Citi, Citi Bailout, Citi Pandit, Sheila Bair, Business News

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...

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FDIC Pushes Citigroup To Change Management: WSJ

AP | Posted 07.06.2009 | Business

Read More: Fdic, Citigroup CEO Vikram Pandit, Vikram Pandit, Citigroup, Federal Deposit Insurance Corp, Citigroup Board, Richard Parsons, Business News

NEW YORK — The Federal Deposit Insurance Corp. is reportedly pressing for a management shake-up at embattled bank Citigroup Inc., putting CEO Vi...

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The Exception

Yvette Kantrow | Posted 06.18.2009 | Business

Read More: Citigroup, Wells Fargo, Media, John Stumpf, Business, Fortune, Berkshire Hathaway, Vikram Pandit, Bank of America, Cnbc, Ken Lewis, Andrew Ross Sorkin, Becky Quick, New York Times, Warren Buffett, Carol Loomis, Charlie Munger, Business News
Yvette Kantrow

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.

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Highest-Paid CEOs For 2008: AP's Top 10 List

AP | The Associated Press | Posted 06.02.2009 | Business

Read More: Vikram Pandit, CEO Pay, Jamie Dimon, Ceos, Highest Paid Ceos, Bob Iger, Highest Paid Ceos in 2008, Highest Paid Ceo, Top Paid Ceos, Business News

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...

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Bernie Madoff, Scapegoat

Michael Moore | Posted 06.01.2009 | Business

Read More: Lloyd Blankfein, Tarp, Bill Clinton, John Thain, Phil Gramm, Bank of America, Gfc, Aig, Ponzi Scheme, Jamie Dimon, John Mack, Bernie Madoff, Vikram Pandit, Goldman Sachs, JPMorgan Chase, Merrill Lynch, Morgan Stanley, Bailout, Ken Lewis, Michael Moore, Global Financial Crisis, Bernard Madoff, Wall Street, Edward Liddy, Citigroup, Madoff, Business News
Michael Moore

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.

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Citi Wants Geithner's Approval To Pay Out Bonuses

Posted 05.29.2009 | Business

Read More: Pandit Bonuses, Citi, Vikram Pandit, Citi Bonus, Citi Bonuses, Vikram Pandit Bonus, Citi Treasury Bonuses, Business News

Fresh on the heels of public outrage over AIG retention payments and Merrill Lynch bonuses, Citigroup is set to be the next financial behemoth to take...

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Pressure To Oust Vikram Pandit Mounting

New York Post | MARK DeCAMBRE | Posted 05.25.2009 | Business

Read More: Vikram Pandit, Vikram S. Pandit, Vikram Pandit Fired, Pandit Ousted, Citigroup CEO Vikram Pandit, Vikram Pandit Citigroup, Business News

Citigroup CEO Vikram Pandit's job security is increasingly in jeopardy as momentum grows in Washington to oust him. ...

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Vikram Pandit To Be Replaced? FDIC Officials Discuss Finding New Citi CEO

Financial Times | Posted 05.21.2009 | Business

Read More: Citi Vikram Pandit, Vikram Pandit, FDIC Pandit, Pandit Ousted, Pandit Replaced, FDIC Vikram Pandit, Citi CEO Vikram Pandit, Business News

Vikram Pandit, Citigroup's chief executive, will on Tuesday strive to convince investors that the company is on the road to recovery amid fresh questi...

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