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Entries Tagged as 'Citigroup'

Citigroup And Bonuses – More Rewards For Failure

January 20th, 2010 · No Comments · Big Business

January 20, 2010
The Facts
Yesterday Citigroup reported its profits (in this case, losses) for the final quarter of 2009. They lost $7.6 billion. That brings them to a total loss of $1.6 billion for 2009. But that’s not stopping them from handing out more mega-bonuses, although they’re still not able to pay all of the TARP [...]

[Read more →]

Tags: Bank Profits·Citigroup·Wall Street Bonuses

Citigroup Finds Friends At The IRS

December 17th, 2009 · No Comments · Politics & Politicans

The IRS didn’t exactly throw a law out the door; they simply dug out an appropriate one and reinterpreted it for Citigroup’s benefit.

[Read more →]

Tags: Bank Bailouts·Barack Obama·Citigroup·Corporate Taxes·IRS

Citigroup’s $300 Billion Taxpayer-Guaranteed Loans – Videos

December 14th, 2009 · No Comments · Wall Street

These guarantees by the FDIC, using taxpayer money, seems to be a subject that everyone wants running under the radar. The only money regularly talked about is the TARP money, and how Citigroup is “paying-it-back”!

[Read more →]

Tags: Citigroup·FDIC·Sheila Bair·TARP·Wall Street Bonuses

Besides The Obvious, What Does Goldman Sachs, J.P. Morgan Chase And Citigroup Have In Common?

October 11th, 2009 · 1 Comment · Wall Street

Is it any wonder the rest of the civilized world see’s us as simply a corrupt nation who will stop at nothing to keep our elitist wealthy and in power?

[Read more →]

Tags: Citigroup·Department of the Treasury·Goldman Sachs·Henry Paulson·JPMorgan Chase·Tim Geithner

Do You Know Who Andrew J. Hall Is?

July 30th, 2009 · No Comments · Wall Street

Ahhhh, the pleasure’s enjoyed from free taxpayer money! A $100 million will buy a lot.

[Read more →]

Tags: Andrew J. Hall·Citigroup·Energy Traders·Oil Speculators·Pay Packages & Bonuses·Phibro·Wall Street

Random Thoughts on Other Notable Headlines of the Day — Issue XXIV

June 7th, 2009 · No Comments · Random Thoughts

How does a politician flim-flam the public and help his corporate friends at the same time? Easy! In some cases, they can “delete a single word and insert two others in a bill”.

[Read more →]

Tags: Cap and Trade·Citigroup·CNBC·Dr. George Tiller·Gene Green·Jobless Claims·Mary Schapiro·Private William Long·Random Comments of the Day·Recessions & Depressions·SEC·Unemployment

Shareholders Complain About CEO’s And Their Pay

June 4th, 2009 · No Comments · Wall Street

Pandit offered no apology for his good fortune as CEO while the shareholders lost nearly everything they had.

[Read more →]

Tags: American Express·Banks & Bank Failures·Citigroup·Goldman Sachs·Kenneth Chenault·Lloyd Blankfein·Pay Packages & Bonuses·Vikram Pandit

Poor, Poor Citigroup – Back With Hat-In-Hand! Again

February 25th, 2009 · No Comments · Wall Street

anytime billions of dollars of free money is handed over to a publically traded company the price of their stock is going to shoot up. Then Wall Street is all smiles and the business channels, CNBC and Fox Business News, are clapping their hands and saying “see, I told you it would work”. However, the next day this “proof of success” has vanished and the tumble begins again until the next train load of money is hauled in.

[Read more →]

Tags: Banks & Bank Failures·Citigroup·Financial Bailout·Wall Street

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