Citigroup
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Latest blogosphere posts tagged “Citigroup”
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(C) Citigroup Files For IPO of Primerica – Under Review
Stock Blog Hub —
Authority: 506
On Monday, A.M. Best Co. placed the financial strength rating of A+ ( Superior ) and issuer credit ratings of “aa-” of Primerica Life Insurance Company ( Boston , MA ) and its subsidiaries under review with negative implications. These actions are a result of a recent announcement by Citigroup Inc. ( C ) that it ...12 hours ago -
($C) Citigroup Luring Employees with Options
Stock Blog Hub —
Authority: 506
Citigroup Inc. ( C ) has allocated several million stock options this week to more than a quarter of its employees, encouraging them to remain with the company especially when their competitors are on a hiring spree. Citigroup employees have witnessed massive erosion of their stock options as the bank’s share ...12 hours ago -
(JPM) JPMorgan Chase & Company to Lift Salary Freeze
Stock Blog Hub —
Authority: 506
According to an internal memo to all employees, JPMorgan Chase & Company ( JPM ) will lift a salary freeze it put in place last year. The salary freeze was applicable for employees making more than $60,000 a year. The decision to lift the salary freeze is a part of JPMorgan’s compensation review process, ...13 hours ago -
How is Citi going to deal with $38 billion in deferred tax assets?
Credit Writedowns —
Authority: 664
Citigroup has been losing tens of billions of dollars over the past two years as the financial crisis has unfolded. They are clearly the weakest of the too-big-to-fail institutions in the United States. Earnings results this year demonstrate that their raw earnings power is no match for the likes of JPMorgan Chase or ...13 hours ago -
Bank Of England Preparing To Blow Bubble Of Unprecedented Proportions
zero hedge —
Authority: 763
In the latest attempt to prove that nobody ever learns anything from history, the Bank Of England is practically betting the Devonshire farm that by putting the UKs economy on nitrous, it will recapture all the lost output during the recession, and that it will be able to time the stimulus exit perfectly, thus ...15 hours ago -
Market Update: Citigroup (NYSE: C), Bank of America (NYSE: BAC), American International Group (NYSE: AIG), Adobe Systems (NASDAQ: ADBE)
Jutia Group —
Authority: 562
On Wednesday, Citigroup (NYSE: C) Vice Chairman Edward "Ned" Kelly informed investors that the New York bank’s efforts to rid itself of nearly $900 billion in…15 hours ago -
Driving Youthful Investors Towards Citigroup
The Razor's Edge —
Authority: 132
Caller : Hey, I’m interested in buying a stock, Citigroup, and I would like to know would it be a good stock? I’m 28 years old, and I want to know it Citi a good long-term and short-term investment? Cramer : And what was the stock? Did we get the stock’s name? Citigroup. Your age is right. You know why? ...17 hours ago -
High finance, low results? Tell about it in a haiku
Mound City Money —
Authority: 128
Judging from some of the news coming out of Washington, civil discourse seems to be in extremely short supply. Perhaps Americans would be more civil if they used an ancient Japanese poetry form to discuss the major issues of the day. As…1 day ago -
Pandit: Glass-Steagall isn’t the way to rebuild banking
Mound City Money —
Authority: 128
John Reed, one of Vikram Pandit’s predecessors as chief executive of Citigroup, has been saying recently that Congress made a mistake in repealing the Glass-Steagall Act, which separated the banking and investment industries. Pandit, however, doesn’t think reinstating the Depression-era law…1 day ago -
Citigroup reports success with foreclosure prevention
Mound City Money —
Authority: 128
As the previous post mentions, Citigroup CEO Vikram Pandit was in town yesterday to speak at Washington University. He also visited with employees of the CitiMortgage division in O’Fallon, Mo., and announced some updated results for the company’s foreclosure prevention efforts. In the…1 day ago -
Citigroup Executive Pulls Out of Sham ACORN Panel Under Pressure
CRC Blog —
Authority: 548
Citigroup executive Eric Eve (pictured below) has resigned from ACORN’s phony, allegedly independent panel, a move that removes one of the few people on the panel who could even remotely claim to actually be independent. If you read between the lines, it also seems to mean Citigroup agrees the panel is a sham. ...1 day ago -
Incentives Still Count
Skeptical CPA —
Authority: 432
"In the annals of what used to be known as American capitalism, yesterday will go down as a sorry day: The Treasury and [Fed] announced wage controls on private American companies. So once again our politicians are blaming bankers, rather than addressing the incentives the politicians themselves created for bankers ...1 day ago -
100,000 Droids Dropped During First Weekend
Digital Daily —
Authority: 681
The Droid invasion appears to be going according to plan. Motorola’s new Android-based handset arrived at Verizon Wireless stores last Friday and analysts say it’s selling quite well. Indeed, Broadpoint AmTech analyst Mark McKechnie estimates Verizon (VZ) sold about 100,000 Droids in its first weekend. McKechnie ...1 day ago -
Jim Rogers: Gold, Market Bubbles, Equities, and Dr. Doom
GreenLightAdvisor Views —
Authority: 436
This article is a guest contribution from Damien Hoffman , of Wall Street Cheat Sheet. Jim Rogers is one of the most respected investors in the world. I had a chance to chat with him the other morning to get more details about some of his recent comments in the media … Damien Hoffman: Jim, you were in the ...1 day ago -
WALL STREET FIRMS GET PREFERENTIAL SHIPMENT OF SWINE FLU VACCINE
GRECO ROMAN WELLNESS —
Authority: 122
Ray Salomone, Personal Trainer and Wellness Activist Though one would need to put a gun to my head to get me to take the swine flu vaccine, I’m still annoyed that the big players on Wall Street (the ones who had to beg for money to survive) were given advance shipments of the vaccine. Goldman Sachs, ...2 days ago -
Citigroup’s Pandit says regulators should focus on pay structure, not dollar amounts
Mound City Money —
Authority: 128
Citigroup Chief Executive Vikram Pandit spent an hour today with students at Washington University’s Olin School of Business, fielding questions on everything from bankers’ pay to the MBA job market. Regarding the recent actions of federal pay czar Kenneth Feinberg, who…2 days ago -
U.S. economy 2009
Wednesday-Night —
Authority: 134
NYT Financial crisis one year later ; Joseph Cassano, former head of A.I.G.’s Financial Products unit: The Man Who Crashed the World ; Reuters special coverage Wall Street pay Bank Lending Down Despite Massive Bailouts And Increasing Regulations While financial institutions including Citigroup Inc. and ...2 days ago -
Banks Don’t Lend More When the Government Asks Them To!
Sandro Salsi's Blog —
Authority: 137
By Charles Sizemore ⋅ November 9, 2009 ⋅ We are shocked — SHOCKED! — to find that Bank of America and other large institutions did not respond to Treasury Secretary Geithner’s entreaties to lend more freely: “ Geithner Saying ‘Be Like Buffet’ Can’t Make JP Morgan Lend More .” Bloomberg ...2 days ago -
Frontrunning: November 9
zero hedge —
Authority: 763
Rosenberg: unemployment to hit 13% ( Bloomberg ) Wall Street record bonuses return as Big 3 may pay $30 billion ( Bloomberg ) Tackling the US economic data manipulation: Economists seek to fix a defect in data that overstates that nations vigot ( NYTimes ) Kraft makes new, lowered bid for Cadbury ( AP ) Citigroup ...2 days ago -
Advertising Volume and Advertising Effectiveness
Branding Strategy Insider —
Authority: 492
Next to the Internet, radio is my favorite medium. It’s one-to-one and personal in a way that no other traditional medium can duplicate. My favorite radio personality is Neal Boortz, a nationally syndicated talk-show host who broadcasts out of Atlanta on 171 stations. I listen to Boortz every morning during the ...3 days ago