Topic: Citigroup Inc.

Citi trader exempt from czar's oversight: source

NEW YORK/WASHINGTON (Reuters) - Citigroup Inc's contract with an energy trader who may be owed up to $100 million in compensation this year is exempt from rulings by the Obama administration's pay czar, a source close to the bank said on Wednesday.While ...
The Wall Street Journal is reporting on its website that Citibank and the United States Government are negotiating a deal which would make the Government a substantial owner of Citibank common shares.. This would be the most explicit admission yet that Citibank ...
Usually, when I'm watching television open-mouthed and incredulous, it's because I've " Well, tack another genre onto the list.. Let me explain why.... Believe me, when Washington Mutual, my own bank, was failing, I was glad we had FDIC insurance to fall ...
Robert Rubin, the Citigroup consiglierie and former Treasury secretary, is going to be remembered as one of the key culprits in creating the current financial catastrophe. Citigroup's troubles cast an awkward spotlight on Mr. Rubin, who received $115 million in pay since ...

Citi: Off the Banking Reservation

Last night I put up a post about Citi (C) throwing in with the Congressional Democrats on mortgage cram-down legislation. "ABA was not a participant in the recent agreement between Citigroup and Congressional proponents of mortgage cram-down legislation," said Floyd Stoner, the ...

Rubin to step down as Citigroup adviser

Former US Treasury chief Robert Rubin will step down from his special advisory role to banking giant Citigroup, the struggling bank said Friday.Rubin resigned his post as a " senior counselor" immediately "and has decided not to stand for re-election as a ...
Congressional leaders said Thursday they have reached agreement with Citigroup on legislation to provide relief to cash-strapped homeowners at risk of losing their homes.Lawmakers want to include the legislation, which would allow bankruptcy judges to alter home loans to prevent foreclosures, in ...

Geithner had hand in Citigroup rescue: White House

Timothy Geithner, who Monday was named Treasury chief by US president-elect Barack Obama, was involved in talks to craft a rescue deal for embattled banking giant Citigroup, the White House said Monday. "As I understand it, he was, but I'm not going ...
  • 1
  • 2