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Published 1/14/2009 at BusinessWeek.com -- Finance
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Citigroup - Somebody Please Say "Game Over"
informationarbitrage.com 1/14/2009 — From the Wall Street Journal Online : Until recently, Citigroup Chief Executive Vikram Pandit had repeatedly backed the company's "universal bank" model. But with directors and executives now bracing for a fourth-quarter operating loss of at least ...
informationarbitrage.com 1/14/2009 — From the Wall Street Journal Online : Until recently, Citigroup Chief Executive Vikram Pandit had repeatedly backed the company's "universal bank" model. But with directors and executives now bracing for a fourth-quarter operating loss of at least ...
Too Big To Succeed . . .
ritholtz.com 1/14/2009 — If they are too big to fail ,make them smaller .” -Nixon Treasury Secretary George Shultz about Fannie Mae and Freddie Mac > The operative expression about many of the bailouts we have seen — AIG, JP Morgan (via Bear Stearns), Goldman ...
ritholtz.com 1/14/2009 — If they are too big to fail ,make them smaller .” -Nixon Treasury Secretary George Shultz about Fannie Mae and Freddie Mac > The operative expression about many of the bailouts we have seen — AIG, JP Morgan (via Bear Stearns), Goldman ...
The Fall of the House of Weill
traderdaily.com 1/14/2009 — After little more than a decade, the very model of the modern financial superpower is collapsing. As Citigroup weighs a plan to break itself apart, it is essentially seeking to unwind the epochal 1998 deal that gave it life. And it means the ...
traderdaily.com 1/14/2009 — After little more than a decade, the very model of the modern financial superpower is collapsing. As Citigroup weighs a plan to break itself apart, it is essentially seeking to unwind the epochal 1998 deal that gave it life. And it means the ...
Pandit Dismantles Weill Empire to Salvage Citigroup (Update4)
bloomberg.com 1/14/2009 — Jan. 14 (Bloomberg) -- Vikram Pandit is unraveling his empire to save his bank. Citigroup Inc. ’s chief executive officer said yesterday he would cede control of the Smith Barney brokerage to Morgan Stanley . Pandit may also dump the CitiFinancial ...
bloomberg.com 1/14/2009 — Jan. 14 (Bloomberg) -- Vikram Pandit is unraveling his empire to save his bank. Citigroup Inc. ’s chief executive officer said yesterday he would cede control of the Smith Barney brokerage to Morgan Stanley . Pandit may also dump the CitiFinancial ...
Citigroup Crisis Is Emblem of Capital Drought: David Reilly
bloomberg.com 1/14/2009 — Commentary by David Reilly Jan. 14 (Bloomberg) -- Time and again, big banks such as Citigroup Inc. argued that irrational and seized-up markets, not the woeful state of their balance sheets, were to blame for convulsing share prices. For more than 18 ...
bloomberg.com 1/14/2009 — Commentary by David Reilly Jan. 14 (Bloomberg) -- Time and again, big banks such as Citigroup Inc. argued that irrational and seized-up markets, not the woeful state of their balance sheets, were to blame for convulsing share prices. For more than 18 ...
CitiCat in a millyun little pieces — The Big Money 1/14/2009
Recommended reading: "Citigroup plans to split itself up"-- New York Times . Photo Cred: StrangrThanCandy
Recommended reading: "Citigroup plans to split itself up"-- New York Times . Photo Cred: StrangrThanCandy
Citigroup: A house built on Sandy — The Economist: Full print edition 1/15/2009
And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell: and great was the fall of it “TOO big to fail, too shit to buy” is the way some Citigroup insiders describe their employer. Not for ...
And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell: and great was the fall of it “TOO big to fail, too shit to buy” is the way some Citigroup insiders describe their employer. Not for ...
Business this week — The Economist: Full print edition 1/15/2009
Citigroup decided to spin off Smith Barney, its broking business, into a joint venture with Morgan Stanley. Citi is expected to offload more assets as it slims down and refocuses on the commercial- and retail-banking divisions that formed its core ...
Citigroup decided to spin off Smith Barney, its broking business, into a joint venture with Morgan Stanley. Citi is expected to offload more assets as it slims down and refocuses on the commercial- and retail-banking divisions that formed its core ...
