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April 15, 2007
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Citigroup Seeks CEO, Prepares for Losses
Sun, 4 Nov 2007 23:18:10 +0000 | Newsvine
Citigroup Inc. shareholders may have finally gotten what they wanted — the resignation of Chairman and Chief Executive Charles Prince — but Wall Street's worries are far from over.
Prince quits as head of Citigroup (at FT.com)
Mon, 5 Nov 2007 07:40:13 Etc/GMT | Yahoo! Finance
Chuck Prince quit as chairman and chief executive of Citigroup on Sunday night as the company revealed it was facing between $8bn and $11bn of further losses on its holdings of mortgage-related securities.
Citigroup shares end 5% higher in Tokyo debut (at MarketWatch)
Mon, 5 Nov 2007 08:38:00 Etc/GMT | Yahoo! Finance
Citigroup Inc. shares ended their first day of trading in Tokyo 5% higher, but volume was thin as news related to the banking giant's losses and global-level management changes weighed on the stock.
Citigroup shares end 5% higher in Tokyo debut
| Findory News
Marketwatch: HONG KONG -- Citigroup Inc. shares ended their first day of trading in Tokyo 5% higher, but volume was thin as news related to the banking giant's losses and global-level management changes weighed on the stock.
Citigroup Seeks CEO, Takes More Losses
Sun, 4 Nov 2007 23:18:10 +0000 | Newsvine
Citigroup Inc. shareholders may have finally gotten what they wanted — the resignation of Chairman and Chief Executive Charles Prince — but Wall Street's worries are far from over.
Ex-Treasury Chief Rubin Takes Helm at Citigroup
Mon, 05 Nov 2007 09:55:00 EST | NPR News Headlines
When Robert Rubin takes over as chairman of Citigroup, he will be leaving what has been dubbed the best job in the world: chairing Citigroup's executive committee. He had no daily duties. And as an advisor, Rubin collected $150 million in cash and stock over eight years, and used a corporate jet.
Citigroup CEO Prince Falls to Suprime Debacle
Mon, 05 Nov 2007 09:54:00 EST | NPR News Headlines
Charles Prince steps down as the head of Citigroup after some $8 billion in losses related to subprime loans. Prince had maintained that the bank didn't have serious exposure to subprime loans. Critics said Prince lacked the management skills to preside over a bank of 300,000 employees.
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