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Citigroup Hits 'Penny Stock' Realm
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Citigroup trades March 5, 2009, at intraday price of 97 cents. Its now in the penny stock region.
February-April 2009, a quarter in the life of the 2008 global financial crisis- lest it be forgotten!
02/07/2009
Grouped Articles
Economy Shed 598,000 Jobs in January
New York Times 02/07/2009
In the Red, Toyota Sees Loss Tripling
New York Times 02/07/2009
Furloughs in California Close Many State Offices
New York Times 02/07/2009
Soaring Job Losses Drive Stimulus Deal
Wall Street Journal 02/07/2009
Senate Reaches $780 Billion Compromise Package
Wall Street Journal 02/07/2009
Ireland's Boom Falls Hard in Global Crisis
Wall Street Journal 02/07/2009
Government Bailout of Citigroup.
11/26/2008
The government bailout of Citigroup as it posts huge losses and its stock price sinks.
Grouped Articles
Citigroup Hits 'Penny Stock' Realm
Wall Street Journal 03/06/2009
Wall Street Journal 07/15/2014
How Citi's Fortunes are Tied to Housing's
BusinessWeek 11/26/2008
H-P, Citi Debt Offerings Bring in Billions
Wall Street Journal 12/03/2008
Citigroup Takes First Step Toward Breakup
Wall Street Journal 01/10/2009
Citigroup Ready to Shrink Itself by a Third
Wall Street Journal 01/14/2009
A Citigroup restructuring plan, and bank restructuring plans that were never developed by Treasury Secretary Geithner for President Obama
01/02/2009
Ron Suskind documents the making of key economic decisions in the Obama White House from 700 hours of interviews in his new book released in Sept 2011: "Confidence Men: the Obama White House, Wall Street and the Education of a President." In the book he says Obama asked Geithner to develop a plan for restructuring Citigroup after the bailout of Citi. A month later he followed up in a meeting, and was told by Romer at a meeting Geithner did not atttend, that no plan had been developed. The President's response was "it better be." Geithner says he was asked to do so but "fortunately there was never a need to put them in place."
Grouped Articles
New York Times 05/16/2010
A Conflict in Geithner's New Job- Not Exactly
New York Times 11/18/2013
Charlie Rose Talks to Robert Reich
BusinessWeek 10/21/2010
A Stress Test for the Latest Bailout Plan
New York Times 02/14/2009
Citigroup Hits 'Penny Stock' Realm
Wall Street Journal 03/06/2009
Obama, Geithner Get Low Grades From Economists
Wall Street Journal 03/11/2009
Reward systems, moral fabric, ideas of responsibility, and the functioning of the system that governs economic activity in America.
05/13/2008
Media hype that promotes bubble behaviour, retention payments andd bonuses for executives, a general deterioration across the board at all levels and in all parts of society of the idea of responsible behaviour and morally acceptable behaviour, and how this corrodes the whole fabric of the system that governs economic activity in America.
Grouped Articles
SEC Wants Boss-Employee Pay Gap on Display
Wall Street Journal 09/19/2013
S.E.C. Proposes Greater Disclosure on Pay for CEO's
New York Times 09/18/2013
Wall Street Bonuses Are an Outrage
Wall Street Journal 02/04/2009
New Rules Curbing Wall Street Pay Proposed
Wall Street Journal 04/22/2016
Many Hispanics Are Hit Hard by Economic Slump
New York Times 05/13/2008
New York Times 02/13/2009
The Citigroup Rescue in November 2008.
11/13/2008
A Morgan Stanley type bear raid by short sellers on Citigroup shares with 50% of share value lost in a few days. Pandit of Citi desperately asks for reinstatement of the uptick rule to prevent short seller raids.
Grouped Articles
Citigroup Hits 'Penny Stock' Realm
Wall Street Journal 03/06/2009
U.S. Settles Mortgage Inquiry for $7 Billion
New York Times 07/14/2014
Old Lane Managers Look for Exit From Citi
Wall Street Journal 12/24/2008
Citi Directors Mull Replacing Chairman
Wall Street Journal 11/13/2008
Worst May Be Yet to Come for Citigroup
New York Times 11/14/2008
New York Times 11/16/2008
Citigroup shares- 2011-2015
01/20/2009
Grouped Articles
Citi's Profit Soars as Shift Pays Off
Wall Street Journal 04/16/2013
Citi CEO: Bank's Major Restructuring Is Over
Wall Street Journal 04/24/2013
A Citi Wall Thicker Than J.P. Morgan's
Wall Street Journal 07/16/2013
Wall Street Journal 07/16/2013
Growth in Emerging Markets Lifts Citigroup's Profit by 42%
New York Times 07/15/2013
Quiet Boss at Citigroup Setting Tone for Wall Street
New York Times 12/01/2013
The Uptick Rule and Short selling abuses in the U.S.
07/28/2008
The suspension of the Uptick Rule and the S.E.C.'s dire lack of enforcement all seem to suggest that the regulatory mission of the S.E.C. has been influenced by those who are being regulated. Conservatives running the government and regulatory agencies mistakenly assumed that lower regulation was somehow part of the new system of free enterprise that was delivering results. As long as the economy did well they saw no reason to question this, and in fact let regulation wither to the extreme provoking the crisis by letting excesses develop and accumulate. The abuses of excessive leverage under a Fuld at Lehman and of mortage sales under a Mozilo at Countrywide were barely understood by Cox and company at the SEC till they undermined the very foundations of free enterprise.
Grouped Articles
SEC Tries to Rebuild Its Reputation
Wall Street Journal 09/12/2013
Agency Subpoenas Focus on 4 Rumors That Hit Lehman
Wall Street Journal 07/28/2008
Wall Street Journal 08/21/2008
NYSE Chief Leans Toward Uptick Rule
Wall Street Journal 10/02/2008
U.K. Will Continue Ban on Short Selling
Wall Street Journal 10/23/2008
Citigroup Tries to Stop the Drop in Its Share Price
New York Times 11/21/2008
The April 2009 G-20 Docklands, London Summit and the constructive confrontation between American and European positions.
02/15/2009
The positions of both sides. The Europeans credibly calling for global regulations as non-negotiable, and the US credibly calling for larger stimulus spending now when it would have the greatest impact. And the tough negotiations ahead.
Grouped Articles
Fixing a Perception Gap for the Underappreciated G-20
Wall Street Journal 08/27/2013
On a Scale of 1-10, G-20 Scores a 7
New York Times 04/03/2009
New York Times 04/05/2009
The Lines a German Won’t Cross
New York Times 04/05/2009
Big Ideas, Grand Plans, Modest Budgets
New York Times 02/15/2009
What the Chinese Want from Obama
New York Times 02/20/2009
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