Citigroup to Cut 53,000 Jobs
Vikram Pandit will announce the job cuts at a friendly, 'town hall' style meeting today.
Posted 11/13/08 in Daily Intel
The Greatest Depression
Citigroup to Fire Sir Win Bischoff?
The rumor that the Citigroup chairman may be replaced is being met with some bemusement.
Posted 10/06/08 in Daily Intel
White Men With Money
Wells Fargo and Citigroup Fight Over Wachovia, the Aging Stripper With a Heart of Gold
Citigroup and Wells Fargo’s fight for Wachovia reminds us of a classic Hollywood love story — with a weird and brutal twist.
Posted 10/03/08 in Daily Intel
The Greatest Depression
Wachovia Ditches Citigroup for Wells Fargo
Will this be thing thing that makes Citi CEO Vikram Pandit stop smiling?
Posted 09/29/08 in Daily Intel
Scenes from a Meltdown
Citigroup to Buy Wachovia’s Banking Operations
Though the FDIC is quick to assure customers that Wachovia has not ‘failed,’ the government spent the weekend helping Citigroup finance a deal.
Posted 09/18/08 in Daily Intel
Scenes From a Meltdown
Did John Mack Come On to Vikram Pandit?
The Morgan Stanley CEO reportedly proposed a merger with Citigroup, but was shot down.
Posted 08/25/08 in Daily Intel
Company Town
Washington ‘Post’ to Other Papers: Don’t Ditch D.C.!
An axed Maine political reporter writes to tell how local papers that close their Washington bureaus are hurting the cause of democracy. Plus, the latest in finance, law, media, and real-estate news.
Posted 08/14/08 in Daily Intel
Company Town
Michael Phelps Is Gold for NBC
Plus, lawyers make criminals sing (to 'Don Giovanni'), another spectacular apartment you can't afford hits the market, and more, in our daily industry roundup.
Posted 08/13/08 in Daily Intel
Company Town
The Upper East Side Completes Renée Zellweger
The actress smoothly buys into a hard-to-crack co-op, while JPMorgan and the New York 'Times' struggle, in our daily digest of real-estate, finance, media and law news.
Posted 08/08/08 in Daily Intel
Company Town
Liev Schreiber and Naomi Watts Expand Their Real-Estate Horizons
The Hollywood couple will be moving into bigger digs than originally planned at One Madison Park. Plus, the latest on Wall Street, in the Hamptons, and down at 30 Rock in our daily industry roundup.
Posted 08/07/08 in Daily Intel
Company Town
McCain Campaign Rewarding Commenting Spammers
Plus, the latest on Wall Street, Gold Street, and your street, in our daily industry roundup.
Posted 07/24/08 in Daily Intel
Company Town
‘Times’ to Raise Cover Price 25 Cents
Plus AMI is headed for tough times, Fox News makes fun of Nas, Andrew Cuomo looks into AIG, and more, in our daily industry roundup.
Posted 07/21/08 in Daily Intel
Company Town
Trou-Dropping Guantanamo Lawyer Leaves Firm
Plus, the latest on Giuliani Partners, S.I. Newhouse, and Citigroup in our daily industry roundup.
Posted 07/18/08 in Daily Intel
Company Town
Citigroup Posts $2.5 Billion Loss
A lot of big news at the banks today — but there's also crazy stuff going down with Jeff Zucker, Dan Rather, Brooke Astor (from beyond!), and Barack Obama, in our daily industry roundup.
Posted 07/15/08 in Daily Intel
Company Town
Tabloids Will Reportedly Pay $12 Million for Pictures of Brangelina Twins
That's a whole $8 million more than the couple got for Shiloh! Is it because there's two of them or because of inflation? Plus: Citigroup's seven-point plan for saving itself, the Palazzo Chupi triplex goes on sale, and other things that make you go hmmm, in our daily roundup of media, finance, real-estate and law news.
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