Citigroup: The Bad Boy of Finance (Washington Post) |
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Written by Webmaster
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Saturday, 06 September 2008 |
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Citigroup has looked like an octopus in a minefield lately. The world's largest bank measured by revenues, Citigroup (symbol C ) is involved in every aspect of finance you could name -- and appears to have made big mistakes in most of them. The company has written off and lost $53.6 billion through the credit crunch so far, which is more than any other bank or broker.
Council finance boss gets 500,000 golden handshake despite running Britain's 'worst' department (Daily Mail: World News)
The council said to be England's worst has agreed a 500,000 golden handshake for its finance chief. In a deal critics described as 'a reward for failure', Phil Halsall will receive a lump sum of 80,000 when he takes early retirement.
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Last Updated ( Saturday, 06 September 2008 )
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