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dealbreaker.com - 17 days ago
The Man Who Sunk Citigroup Launches Hubris Fund
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Having just written a book on the subject ( When Mooks Fail , currently #15 on the Amazon.com best-seller list ), Charlie G. continues his intrepid reporting on the utter shamelessness of Wall Street. Now, Tom Maheras , the former Citigroup president, is hardly the only person who proves that, ...
Can Citigroup Carry Its Own Weight?
nytimes.com - 22 days ago
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 22 days agofound this
baselinescenario.com - 22 days ago
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 22 days agoposted this
blogs.reuters.com - 11 days ago
When banks use capital made of sand
— blogs.reuters.com — Citigroup’s capital position appeared much improved when the bank reported third-quarter earnings, but a look beneath the surface shows that much of its capital is of questionable value. According to its recent 10-Q, Citi had $38 billion of ... (more) When banks use capital made of sand

Comments vote down FT Alphaville found this 11 days agofound this

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Friday links: the risk trade
Abnormal Returns — ... Working on Wall Street means never having to say you are sorry.  (Dealbreaker) ...

Weekend Linky Dinks
UpsideTrader — ... Maheras, who helped blow up Citi starts a fund, why not? Pandit wrote the “How To” on the process. How Israel destroyed Syria’s reactor with ...

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