dealbook.blogs.nytimes.com - 3/12/2009
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The stunning collapse of Citigroup's share price has hurt investors worldwide. But few reputations have suffered as severe a blow as that of Prince Walid bin Talal, who owns about 4 percent of the company.
online.wsj.com - 3/10/2009
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online.wsj.com —
DAMIAN PALETTA , JON HILSENRATH and DAVID ENRICH
Barely a week after the third rescue of Citigroup...
Inc., U.S. officials are examining what fresh steps they might need to take to stabilize the bank if its problems mount, according to people familiar ...
(more)
U.S. Weighs Further Steps for Citi
bloomberg.com - 3/19/2009
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bloomberg.com —
March 19 (Bloomberg) -- Citigroup Inc. plans to
spend about $10 million on new offices for Chief...
Executive Officer Vikram Pandit and his lieutenants, after the U.S. government injected $45 billion of cash into the bank. Affidavits filed with New ...
(more)
Citigroup Said to Commit $10 Million for New Executive Suite
biz.yahoo.com - 3/10/2009
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biz.yahoo.com —
NEW YORK (AP) -- Wall Street has had
its best day of the year, storming higher after...
some good news from Citigroup. Citigroup Inc. says it operated at a profit during the first two months of the year. That energized financial stocks and in turn, the ...
(more)
Dow ends up nearly 380 on Citigroup profit news: ...
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FT Alphaville —
... , the office of Prince Walid, chairman of Kingdom Holding, announced on Wednesday that he was in the top 25 billionaires for 2009 — at No. 22, actually — and has made the magazine’s annual list for 10 consecutive years. This despite the large hit the prince took last year in his investment in Citigroup which, combined with a steep fall in Kingdom’s share price, probably far exceeds the $7.9bn loss that his company earlier reported on its portfolio. Related links: ...
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The Big Money 3/10/2009
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CitiCat Sez —
The Big Money 3/10/2009
Recommended reading: "Pandit says Citigroup having best quarter since 2007"-- Bloomberg
Photo cred: cpill
Regulating banks: Inadequate —
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Who Made Money From Citi's Leaked Memo? —
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