Reuters UK (Free subscription) | yesterday
NEW YORK, Dec 4 (Reuters) - Citigroup Inc became the latest investor to take a bet on General Growth Properties Inc , taking a 5.3 percent stake in the No. 2 U.S. mall operator, according to a regulatory filing on Thursday.
Reuters UK (Free subscription) | yesterday
(Reuters) - Citigroup's top executives and Robert Rubin, a director and senior counsellor at the firm, are ready to forgo their bonuses this year as the bank reels from the effects of the financial crisis, the Financial Times reported.
TruthSeeker24's anti-N.W.O. corner (Free subscription) | 14 hours ago
http://www.infowars.com/?p=6359 A blog with relevant information for the world.
TruthNews.us (Free subscription) | 15 hours ago
Citigroup Inc., the second-biggest U.S. bank by assets, was accused in a lawsuit of repackaging unmarketable collateralized debt obligations it held and re-selling them to itself in order to hide its exposure to the securities.
Business Wire (Free subscription) | 1 hour ago
Company PicShot is a brief, yet detailed, profile of the chosen company. The PicShot profiles the company in terms of historical background, company overview, business segment analysis, a view of the company's major products & services, locations & subsidiaries and of course, a financial profile of the company.
The Earth Times Online Newspaper (Free subscription) | 2 hours ago
Paris - France's second-largest retail bank, Credit Mutuel- CIC, has purchased the German branch of the American financial conglomerate Citigroup for 5.2 billion euros (6.65 billion dollars), both banks announced Friday. In a statement, Citigroup sai...
Wall $treet Folly (Free subscription) | 3 hours ago
Biting the bullet: According to the NY Post's Page Six, at least for this trip, Vikram Pandit didn't hop on one of Citigroup's private jets (some currently for sale) but instead opted for the now more politically correct commercial mode...
Money Morning (Free subscription) | 3 hours ago
By Martin Hutchinson Contributing Editor Money Morning/The Money Map Report Financial journalists, most of whom spend more time writing about derivatives than carburetors, have been scathing... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.
AMERICAblog (Free subscription) | 8 hours ago
Gee, how nice of them to debate the issue and come to this conclusion. Oh right, they still haven't had the decency to confirm this and are only "considering" this option. Never mind that Citi lost billions due to bad management decisions and needed a bailout to stay afloat while they led the way with dragging down the US and global economy. It's perhaps best that they still think about it even though...
Making the Most of the Internet (Free subscription) | yesterday
Globe and Mail (Free subscription) | yesterday
An investor lawsuit contends that Citigroup Inc. insiders, including senior counsellor and former U.S. Treasury secretary Robert Rubin, sold more than $150-million (U.S.) of their own shares at inflated prices while concealing the bank's true financial health. The allegations were made in a nearly 500-page court complaint filed by shareholders who are suing the bank for fraud related to its disclosures...
Jesse's Café Américain (Free subscription) | yesterday
NY Post 'PONZI SCHEME' AT CITI By PAUL THARP December 4, 2008 A new Citigroup scandal is engulfing Robert Rubin and his former disciple Chuck Prince for their roles in an alleged Ponzi-style scheme that's now choking world banking. Director Rubin and ousted CEO Prince - and their lieutenants over the past five years - are named in a federal lawsuit for an alleged complex cover-up of toxic
SeekingAlpha.com (Free subscription) | yesterday
Eric Savitz (Barron's) submits: Has the semiconductor equipment sector hit rock bottom? Citigroup’s Timothy Arcuri thinks conditions in the industry may finally have gotten so bad that they can’t get any worse. Which for the stock, he says, is good. “We think chipmakers have finally reached “maintenance” cap ex,” he writes, advising that “this critical fundamental milestone warrants a more offensive...
New York Newsday (Free subscription) | yesterday
Citigroup's top executives -- including former Treasury Secretary Robert Rubin -- are expected to forego their bonuses this year amid pressure to atone for the company's huge losses and a $300 billion government bailout, according to several Internet news reports.
Global Financial News (Free subscription) | yesterday
Despite what executives at Goldman Sachs and several other large financial firms have done by agreeing to take no bonuses, there has been no such word out of Citigroup . It looked like Citi CEO Vikram Pandit was going to engineer another PR disaster and bring shareholders and government regulators breathing down his neck. Citi may have wised up, not because of Pandit, but due to a decision by disgraced...
