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Citigroup Aims to Rework Thousands of Mortgages and Foreclosures

News of the housing market's economic temper may have gotten to the nerves of major banks. Citigroup Inc has now joined the ranks of lenders who hav[...] read more »
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Wells Fargo's $12 Billion Bid Wrests Wachovia From Citigroup

Wells Fargo & Co. will become the largest U.S. bank by branches with an $11.7 billion offer for ailing rival Wachovia Corp. that trumped a competing [...] read more »
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Citigroup buys Wachovia bank assets for $2.2B

Citigroup will acquire the banking operations of Wachovia for $2.2 billion in an all-stock deal, following much speculation over the weekend about th[...] read more »
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Simple Trading System: Bank Bailout Not Working

Even though banks have rallied a bit in the last couple of days, I think this article is still relevant. The bailout is failing because Citigroup is[...] read more »
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U.S. Agrees to Citigroup Bailout

saving citi by moving to guaranteed almost 300 bil of troubled assets to get them off citi's balance sheets. [...] read more »
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Big Banks on Different Paths

Tom Brown, CEO of Second Curve Capital, says the "future is cloudy, with some rain" for Citigroup and Bank of America, but he likes the management [...] read more »
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Citigroup getting from bad to worse

Citigroup is trying to be aggressive in handling its credit card delinquencies but in the process it is likely to drive away some of its best custome[...] read more »
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ZachStocks Podcast 2: Week of the Citi…

* Citigroup Ignites Sharp Market Rally
* Dynamics of Rallies During (or after) a Bear Market
* New Rules to Limit Short Selling (good i[...] read more »
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Citigroup's troubles will not sleep

The US banking giant’s shares took another bath on Thursday. The lack of specific bad news isn’t soothing investors.[...] read more »
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$100 Million Payday for Energy Trader?

Citigroup hasn't repaid its TARP money, and is at a disadvantage to other Wall Street firms because the government can veto bonuses. Now, they owe [...] read more »
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How Citigroup Used $45 Billion from the Government

Citigroup released a report today explaining how it “spent” the $45 billion provided to the company by the government as part of the Troubled Asset Relief Program (TARP). read more »
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Nationalization, By Any Other Name

The word “nationalization” has put fear and trembling into the American marketplace, and understandably so. It rings of socialism, of the European mo[...] read more »
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Citigroup to Sell Assets, Cut More Jobs

Citigroup announced Monday that it would cut another 24,000 jobs, bringing its total reductions in the coming months to 52,000. read more »
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Citigroup, Bank of America Decline on Capital Report (Update2) - Bloomberg.com

Citigroup Inc. and Bank of America Corp. fell in New York trading on concern the companies may be forced by regulators to raise additional capital. read more »
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GM and Citigroup: Two Stocks That Tell The Tale

Two stocks tell the story of the recession. One, the auto giant GM and the other bank giant Citigroup. Stock charts in the story bear out how far t[...] read more »
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