Results tagged “Citi Better Sleep Eventually” from Dealbreaker
YOUR SEARCH
So There's Class Warfare, And Then There's Class Warfare
Mar 12, 2009, 11:23am
Posted by Equity Private
For all the anger and vitriol directed at Wall Street, finance and financiers, things haven't gotten to the point where violence is more than a passing concern. Not so, we fear, elsewhere in the world. A Greek militant group threatened...
Nationalization Cluster**** In 4... 3... 2...
Feb 23, 2009, 3:57pm
Posted by Equity Private
It literally was only a matter of time, and it really makes no difference how "temporarily" businesses are absolutely-definitely-totally-not-really nationalized. Patronage politics will show their ugly face and give us the insanity of a government tempted to dumb down a...
Just In Time For The Citigroup Data
Feb 20, 2009, 2:17pm
Posted by Equity Private
FOX Business Network has won a victory against the Treasury Department in its Freedom of Information Act request for details about the government's bailout plan. Judge Richard J. Holwell of the U.S. District Court for the Southern District of New...
Sure, But Don't Even Think About Trying To Make Color Copies
Feb 17, 2009, 12:05pm
Posted by Equity Private
In this new age of cost cutting no contractual obligation, no matter how ancient, is safe from scrutiny. What might have seemed an innocent provision on a severance agreement eight years ago today comes back to haunt firms and subject...
No Word On The Cost Of All That Red Ink
Jan 20, 2009, 3:04pm
Posted by Equity Private
And you thought you had it bad: The investment firm of Saudi billionaire Prince Alwaleed bin Talal, the largest private shareholder in Citigroup, posted a $8.26 billion net loss in the fourth quarter as the value of its assets dove....
Citi Never Sleeps
Dec 17, 2008, 9:30am
Posted by Equity Private
Customers of New York City-based Citibank have lost access to much of their account information because of a computer outage. Many of the troubled bank's clients haven't been able to retrieve account details online or by telephone since Tuesday afternoon....
The Value Of Valuation
Dec 11, 2008, 10:09am
Posted by Equity Private
Surely you remember the era when we jumped from one record breaking buyout to another. It wasn't that long ago, after all. Or does it seem forever ago? The peak a year and a half ago had the Ontario Teachers'...
Count On The Post
Dec 04, 2008, 9:16am
Posted by Equity Private
When it comes to creative narrative, you have to look pretty hard to beat the plaintiff's bar. Take, for instance, the federal lawsuit jabbing Citi management with the accusation that their repackaging and remarketing of CDOs amounted to a Ponzi...
There Are journalists And There Are Journalists
Dec 01, 2008, 10:02am
Posted by Equity Private
See, when Robert Rubin publicly scolds investors for taking on too much risk, while simultaneously using his position on Citi's Board of Directors to urge more risk taking at the bank, a lesser financial journalist might see that as a...
Insider Rumors: Citi Terms In Detail
Nov 25, 2008, 1:29pm
Posted by Equity Private
We cherish our readers. They send us tasty treats on a regular basis. Like the purported Citigroup termsheet: 10551985.pdf Says one loyal reader: While I have not seen any details around the $309bn in assets being guaranteed as part of...
Citigroup Schmittygroup
Nov 24, 2008, 4:49pm
Posted by Equity Private
Bloomberg is trying to play off the biggest two day market gain since 1987 on the Citirescue. Hogwash, we say. Only the revealing of Obama's Economic Superfriends could have such an impact. 58% gain on a loan guarantee? Next think...
Ok, Ok, But This Is The LAST TIME
Nov 24, 2008, 12:27am
Posted by Equity Private
Citi will get $20 billion in cash from the TARP and a $306 billion loan guarantee. The closing fee? The government gets preferred shares in Citi. Now shape up, mister....
Dealbreaker Weekend Edition: Citi Deal Slipping? Or Opportunistic Use Of Nikkei Holiday?
Nov 23, 2008, 7:35pm
Posted by Equity Private
Cracks are emerging in the fabric of the Citi deal. First off, there has been no let-up at all in the number of Pizza deliveries per hour (a critical deal closing metric, of course: deal closure probability rises as pizza...
