citigroup
Cheer up, America! You might be spending your evening meal staring down that last half-can of reheated Spaghetti-Os salted with your own tears, but your old corporate person frenemy Citigroup posted a cool 74% increase in earnings this quarter! $3.8 billion! How do they do it? Let’s check the AP report: “more of its customers [...]
Afghan President Hamid Karzai is furious on the outside, feelings-hurt on the inside that the US and the UN considered just cold replacing him with someone else during the fraudulent election of his own design a few months back. [New York Times] Citigroup will not foreclose or evict anything or anything for the next 30 [...]
Riddle us this, finance experts: why would you go to all the trouble of (allegedly) forging a bunch of documents in order to get a $74 million loan and then repay the loan all quick-like once it became clear that Johnny Law was onto you? So much effort for a bunch of money you apparently [...]
It’s Monday, meaning a bank fell. A major bank, felled. Or didn’t fall? Just “sold off” its entire banking operations: “Citigroup will acquire the banking operations of the Wachovia Corporation, the Federal Deposit Insurance Corporation said Monday morning, the latest bank to fall victim to the distressed mortgage market.” While the F.D.I.C. chairman says Wachovia [...]
