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creditwritedowns.com - 10/27/2009
Is Citi being forced to downsize by Obama?
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It seems that not a day goes by when you don’t hear about some asset sale in Citigroup’s far-flung empire. Of all the major too-big-to-fail institutions, it is easily the most troubled: the poster child for everything that is wrong in finance in America. But, when President Obama’s Pay Czar ...
Can Citigroup Carry Its Own Weight?
nytimes.com - 11/1/2009
Can Citigroup Carry Its Own Weight?
— nytimes.com — OVER the past 80 years, the United States government has engineered not one, not two, not three,... but at least four rescues of the institution now known as Citigroup . In previous instances, the bank came back from the crisis and prospered. Will ... (more) Can Citigroup Carry Its Own Weight?

Comments vote down Economist's View found this 11/1/2009found this
baselinescenario.com - 11/2/2009
CEO Statements That Should Make You Worry
— baselinescenario.com — “Our distinctiveness is we connect the world better than anyone else. We have a great capability of... building a business around that. And we are in the process of building a culture around that.” That’s Vikram Pandit on his company, Citigroup, as reported in The New York Times . What ... (more) CEO Statements That Should Make You Worry

Comments vote down jamesykwak jamesykwak posted 11/2/2009posted this
hf-implode.com - 10/27/2009
Is Citi being forced to downsize by Obama?
— hf-implode.com — It seems that not a day goes by when you don’t hear about some asset sale in... Citigroup’s far-flung empire. Of all the major too-big-to-fail institutions, it is easily the most troubled: the poster child for everything that is wrong in finance in America. But, when President Obama’s Pay Czar ... (more) Is Citi being forced to downsize by Obama?

Comments vote down iehi iehi posted 10/27/2009posted this

Blog Reactions

The Mess That Greenspan Made:  Tuesday morning links

naked capitalism:  GMAC has been nationalized

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Blog Reactions

Tuesday morning links
The Mess That Greenspan Made — ... O.C. Register Decision on Home Buyer Tax Credit Could Come This Week - ZillowBlog California home prices and sales rose in September, Realtors say - LA Times Shoddy Construction Haunts Boom-Era Condos - WSJ Developments FED/TREASURY/BANKING House to take on 'too big to fail' - CNN/Money Obama team ignores Volcker at its peril - MSN Money Anything Less Than Full Disclosure is Unacceptable - Safe Haven Is Citi being forced to downsize by Obama? - Credit Writedowns No relief in sight for ...

GMAC has been nationalized
naked capitalism — ... But, what’s done is done. The GMAC case does, however, give a lot more credence to my view that Citigroup’s actions are being dictated by government. As I indicated ...

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