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...

On Park and 55th, twentyish minutes ago, resumé in hand, trying to figure out where he sees himself in five years and a "weakness" that's not actually a weakness. No, but he was there, with a supposedly huge grin on...

Bloomberg reports that former Citi CEO Chuck Prince has been hideously forced to cut the asking price of his Greenwich, Connecticut house, which is now entering its sixth month on the market, to $5.85 million. The price tag is still...

Another day, another crisis in the credit markets. KKR Financial, which is a publicly traded investment vehicle run by Kohlberg Kravis Roberts, made headlines this morning when it asked for a restructuring of billions of dollars in short-term debt. Apparently...