Fannie Mae's close ties to some leading Democrats and its so-far $75.2 billion bailout have made it a political lightning rod. Congress created the FCIC last year to examine the causes of that crisis.
Fannie Mae's close ties to some leading Democrats and its so-far $75.2 billion bailout have made it a political lightning rod. Congress created the FCIC last year to examine the causes of that crisis.
Richard Parsons, who was named chairman of Citigroup in 2009 just after the bank accepted $45 billion in federal bailouts, will step down from the position, the bank said Friday
Shareholder vote sends powerful message of discontent to Citi's leadership ... Citigroup investors give thumbs down to exec pay. April 18, 2012 / 8:20 AM / AP ... and will be in office until 2024 ...
EMI's Finishing Touches: Allen, Non-Exec Chairman, EMI Music; Alexander Top Non-Exec Publishing. January 16, ... her health and her career as she showed on screen as a child. Correspondent Tracy ...
Mortgage mess: Who really owns your mortgage? Do you know who really owns your mortgage? As Scott Pelley reports on "60 Minutes" this week, that question has become a nightmare for many homeowners ...
The FBI's concerns about the U.S. flight schools is the latest revelation about information, much of it sketchy, that the government possessed before Sept. 11 concerning the possibility of ...
SEC Investigator Warned of Madoff. ... far back as 2004 about irregularities at Bernard L. Madoff's financial management firm, but she was told to focus on an unrelated matter, according to agency ...
A senior U.S. intelligence source told CBS News that in mid-October, India was warned by the United States of terrorist plots against hotels in Mumbai. The U.S. had received intelligence that ...
The Army's primary support contractor in Iraq is being warned by Pentagon auditors to cut its work force there or face nearly $200 million in penalties for keeping thousands too many on the payroll.
Report: India Warned Of Airborne Attacks. ... CBS News has learned that the FBI and Department of Homeland Security issued a new ... two athletes at DePaul University said they kicked a coyote ...
Financial services giant Citigroup Inc. said Tuesday it would cut 10,400 jobs, or 6 percent of its global work force, and take a restructuring charge of $900 million.
Fortunately for Citi, it's not all that bad. The bank turned a profit in the first quarter (albeit dubiously), and the big hires with guaranteed bonus checks should pay off in terms of real ...
Citigroup names co-presidents. ... naming co-presidents on Monday. ... Forese will be responsible for all of Citi's institutional businesses, and Medina-Mora will continue to oversee global ...
Citigroup's stock slid 4.26 percent Monday, the day after the company abruptly announced that Jamie Dimon, 42-year-old president and heir apparent to co-CEO Sandy Weill, is leaving the group.
This exec is the highest-paid American CEO. ... Disney's purchase of LucasFilms in 2012 means it also owns the highly lucrative "Star Wars" franchise, with the next installment scheduled for ...
Citigroup Inc. said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. The ...
Blemished Citigroup Brand Needs Makeover. ... designed to mirror the movements of a remote human operator, could be used in health care ... but 8 of 10 private workers don't have access to it 22H ...
On Friday, Citi announced that it lowered its 2013 earnings by $235 million, saying it was a victim of fraud committed by Mexican oil services company Oceanografia S.A. de C.V., or OSA.
Although some news outlets are downplaying Citigroup's crummy quarterly results this morning, make no mistake -- they indicate a banking company in severe distress. Although Citi reported a net ...
The NRA argues against Florida's new gun law "As the weeks pass after the most recent mass shooting, it appears we are stuck in the same cycle of tragedy and inaction," Ed Skyler, a Citi ...