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Too big to fail or too big to bail?
- 84 Minutes ago
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SAN FRANCISCO (MarketWatch) -- If policymakers and regulators tackled the issue of too big to fail head on, the largest U.S. financial-services companies would be downsized dramatically, leaving the industry
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Citigroup Already Being Broken Up (But Not Enough)
- 4 Hours ago
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MarketWatch points out that Citigroup (C) is actually already being broken up: Citigroup Inc.... is already being broken up under part-ownership by the government, [Richard] Bove and other analysts say...
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IPO Seen Valuing Primerica at $1.6B
- 11 Hours ago
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Primerica Financial Services may have a starting value of $1.6 billion, according to an analyst at Fox-Pitt Kelton Cochran Caronia Waller.
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Private facelift for govt data
- 11 Hours ago
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Plan panel aims at making data accessible in analytical formatAlso Read Related Stories News Now ------ Also Read Related Stories News Now - - - - - More US financial services major Citigroup and the
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Windfall Seen as Bank Bonuses Are Paid in Stock
- 6 Hours ago
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Even as Washington tries to rein in Wall Street pay, bankers are likely to make unusually large gains on the stock grants and options they received after shares in their companies fell sharply during
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New rules may cost Citigroup
- 11/7/2009
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NEW YORK - CITIGROUP Inc said on Friday that new accounting rules for securitisation trusts may prevent the bank from funding some of its assets with a top debt rating. The rules could lift Citigroup's
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Report: Citigroup Creator Apologizes for Merger
- 11/7/2009
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John S. Reed, former chairman of Citicorp Inc. (C), and the chief executive that presided over the bankâ??s merger with Travelers Group Inc. in 1998, apologized in an interview for the merger that created
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Citigroup says new rules may hit securitization
- 11/7/2009
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Citigroup Inc said on Friday that new accounting rules for securitization trusts may prevent the bank from funding some of its assets with a top debt rating. The rules could lift Citigroup's borrowing
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TARP Watchdog: Show Us The AIG Exit
- 11/6/2009
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A member of the Troubled Asset Relief Program Congressional Oversight Panel is wondering how the government will extricate itself from its current entanglement with American International Group Inc. â??The
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Former Citicorp boss offers apology
- 11/6/2009
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'I'm sorry,' Reed, 70, told Bloomberg News. 'These are people I love and care about. You could imagine emotionally it's not easy to see what's happened.' Citigroup was formed in 1998 when Citicorp, a
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Stocks shrug off jobless report
- 11/6/2009
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Stocks closed higher on Friday -- not a lot higher -- despite a report showing the U.S. unemployment rate topping 10% for the first time since June 1983. The rally came as gold briefly hit $1,101.90,
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What comes after 10% unemployment?
- 11/6/2009
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This is not a facetious question. Rather, it's important to put the unemployment rate into some context. Only one other time since World War II has the U.S. unemployment rate topped 10% -- between September
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Rebranding Citi Alternatives would be a waste
- 11/6/2009
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Citigroup Inc. (NYSE:C) is reportedly mulling a rebranding of its lackluster alternatives investment unit, Citi Alternative Investments, or CAI, according to the Financial Times. This would be a poor
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Citigroup still pays for ex-CEO's current assistant
- 11/6/2009
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Woopsies! Former Citigroup Inc. (NYSE:C) co-CEO and co-chairman John Reed, who helped engineer the 1998 merger between Citicorp and Travelers Group, apologized Thursday for co-authoring a monster that
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Citigroup issues employees stock options
- 11/7/2009
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NEW YORK, Nov. 7 (UPI) -- The giant U.S. bank Citigroup says it is distributing stock options to its employees in a bid keep them on board at the bailed-out institution.
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'I'm Sorry' That Citigroup Exists, Ex-Chief Says
- 11/6/2009
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John S. Reed, who helped engineer the merger that created Citigroup more than a decade ago, is apologizing for his role in creating a bank that required a $45 billion government bailout. â??Iâ??m sorry,â?
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