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April 15, 2007
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Waning Support Led to Ouster of Citigroup Chief
Tue, 06 Nov 2007 05:09:29 GMT | New York Times
The end game of Charles O. Prince III ?s career at Citigroup probably began with a flight to Saudi Arabia last week by the firm?s former chairman, Sanford I. Weill.
Ahead of the Bell: Citigroup Downgraded (AP)
Tue, 6 Nov 2007 13:35:56 Etc/GMT | Yahoo! Finance
Shares of Citigroup Inc. inched lower in premarket trading Tuesday after a Banc of America analyst became the latest on Wall Street to downgrade the embattled bank.
Citigroup names Stuckey to run subprime portfolio (Reuters)
Tue, 6 Nov 2007 11:54:59 Etc/GMT | Yahoo! Finance
Citigroup Inc has named veteran financial expert Richard Stuckey to head a new team that focuses on managing its subprime mortgage portfolio, according to an internal memo seen by Reuters on Tuesday.
Retirement Plan Member Sues Citigroup (AP)
Tue, 6 Nov 2007 16:27:17 Etc/GMT | Yahoo! Finance
A participant in Citigroup Inc.'s retirement program has sued the company, alleging its stock was "an imprudent investment" for its retirement plans because of "serious mismanagement" and improper business practices at the company.
Citigroup Names Subprime Portfolio Head (AP)
Tue, 6 Nov 2007 15:19:41 Etc/GMT | Yahoo! Finance
Citigroup Inc., after revealing it may have write down $8 billion to $11 billion of its debt this quarter, said Tuesday it has named Richard Stuckey to help it untangle the complicated subprime portfolio that may lead to a fourth-quarter loss for the bank.
Financial Stocks: Citigroup shares edge higher; investors debate outlook (at MarketWatch)
Tue, 6 Nov 2007 14:55:00 Etc/GMT | Yahoo! Finance
Shares of Citigroup rose modestly Tuesday morning, as investors paused in their selling spree, assessing the bank's recent big declines and studying various risk-reward scenarios for the beaten down stock.
Citigroup Names Subprime Portfolio Head (AP)
Tue, 6 Nov 2007 17:05:15 Etc/GMT | Yahoo! Finance
Citigroup Inc., after revealing it may have write down $8 billion to $11 billion of its debt this quarter, named Richard Stuckey to help it untangle the complicated subprime portfolio that may lead to a fourth-quarter loss for the bank.
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