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Citigroup names Stuckey subprime portfolio chief (Reuters)

Tue, 6 Nov 2007 16:54:08 Etc/GMT | Yahoo! Finance

Citigroup Inc on Tuesday named Richard Stuckey, who helped stabilize the Long-Term Capital Management LP hedge fund, to fix a troubled subprime mortgage portfolio expected to cause a fourth-quarter loss for the largest U.S. bank.

Citigroup Names Subprime Portfolio Head (AP)

Tue, 6 Nov 2007 22:15:33 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.

Retirement Plan Member Sues Citigroup (AP)

Tue, 6 Nov 2007 21:38:53 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 succession (FT.com)

Tue, 6 Nov 2007 19:25:15 Etc/GMT | Yahoo! Finance

Among the shocking aspects of Citigroup 's current mess is the bank's lack of succession planning. Other conglomerates, such as General Electric , have made training senior managers a priority.

Citigroup names Stuckey subprime portfolio chief (Reuters)

Tue, 6 Nov 2007 22:04:31 Etc/GMT | Yahoo! Finance

Citigroup Inc on Tuesday named Richard Stuckey, who helped stabilize the Long-Term Capital Management LP hedge fund, to fix its troubled subprime mortgage portfolio, which is expected to record a fourth-quarter loss for the largest U.S. bank.

Citigroup calls in Stuckey (at FT.com)

Wed, 7 Nov 2007 01:20:17 Etc/GMT | Yahoo! Finance

Citigroup has selected one of the executives who handled the rescue of Long Term Capital Management to head a new unit to manage the bank's subprime mortgage-linked assets.

Fix-It Expert Will Lead a New Team at Citigroup

Wed, 07 Nov 2007 04:25:51 GMT | New York Times

Reeling from its exposure to assets backed by subprime mortgages, Citigroup has appointed a triage team led by Richard A. Stuckey Jr., one of Wall Street?s best-known fix-it men.

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citigroup [58] |||Inc., after revealing it may have write down $8 billion to $11 billion of its de