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Ex-White House Budget Director Joins Citigroup

New York Times Original article ›

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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

When Citi Lost Sallie

New York Times 11/16/2008

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

The Citigroup ATM

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

The perverse effects of lobbying in damaging the public interest.

04/10/2009

Finance industry lobbying, with $300 million alone spent to repeal the Glass Steagall Act which kept banks from getting involved in the securties business, is having the effect of making changes without the due diligence and care necessary for changing legislation that had deep reason embedded in experience during the Great Depression. Citigroup's failure is a result of its involvement in the securities business, and it was a principal backer for the repeal. Similar situation is playing out in the U.S. health-care area which has overtaken the finance industry in money spent for lobbying. Lobbying of this magnitude is having distortional effects on national priorities on necessary regulation, and on creating sustainable economical systems for health care in health care laws.

Grouped Articles

Banks' Lobbyists Help in Drafting Financial Bills

New York Times 05/23/2013

Making Banking Boring

New York Times 04/10/2009

Finance Lobby Cut Spending as Feds Targeted Wall Street

Wall Street Journal 07/02/2009

Costs and Benefits

New York Times 07/20/2009

Sharks Circle in Congress

New York Times 07/20/2009

Doctors' Payments Snag Health Bill

Wall Street Journal 07/20/2009


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