Maybe some smarty pants MBA can help me out—but preferably not one of those guys who pretends to understand those gee whiz Weapons of Financial Destruction known as derivatives. Last week that day finally arrived when you could buy a share of Citigroup at the Dollar Store. And in the pattern that ...

why don't they skip the middleman and just deposit the cash directly into the bank accounts of the board members and the senior executives... this smoke and mirrors shit is enough to gag a maggot... The Treasury Department reached a deal late Thursday to take a stake of 30 to 40 percent in Citigroup...

Citigroup is in talks with the US Treasury about increasing government ownership of the troubled banking conglomerate....

Suddenly, everyone’s discovered that Paulson’s original thrust—to use TARP to buy “toxic� assets off bank balance sheets—was right, and that the subsequent tack—to use TARP money to bolster bank capital accounts—was wrong. Everyone has also seen the light with regard to Lehman: that ...

This is supposed to impress? They give Bischoff the boot (in their words: "Sir Win Bischoff is to retire") and fill his seat with Dick Parsons, another long time board member? BFD. Same old, same old. Here's what VIkram Pandit......

It might have been Vikram Pandit's big idea to appease investors and raise a bit of extra capital - albeit only after pressure from the US government - but Citigroup's plan to hive off its Smith Barney broking division has not been welcomed by investors....

Citigroup, one of the nation's largest lenders, yesterday agreed to abandon its long-standing opposition to a plan to let bankruptcy judges modify the terms of mortgages, a move that could help millions of distressed borrowers stay in their homes, Senate Democratic leaders said yesterday....

Filed under: Employees, Citigroup Inc. (C) When the new stadium for The New York Mets opens next year, it will be called Citi Field. Given the number of the financial firm's employees who are out of work and the large numbers who will be fired in the future, the Citigroup (NYSE: C) name on the park ...

Filed under: Earnings reports, Citigroup Inc. (C) Citigroup Inc. (NYSE: C), the beleaguered financial giant with a completely ineffective CEO at the helm, will report quarterly earnings (or losses) tomorrow. Most likely, we will see yet another company taking steep losses due to bets on mortgage-bac...

Nearly one month ago, Citi CEO Vikram Pandit announced his genius plan for making things work at the big C. And the plan was: a new motto. And the new motto was: Citi Never Sleeps. Obviously there were some naysayers out there, who scoffed at the idea that changing the company's slogan from the Blue...