Results tagged “Citi Never Sleeps” from Dealbreaker
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Teach... Your Children Well
Apr 24, 2009, 12:23pm
Posted by Equity Private
Yes, the Charles Manson "Teach Kids To Make Friends," program was a miss... true, the GM "Health Care Benefits Administration," program was poorly attended, and yes, yes, we know that Geithner School of Tax Preparation was a flop, but we...
Live-Blogging Citi's Annual Investor Meeting
Apr 21, 2009, 9:22am
Posted by Bess Levin
If you're reading this, it means that I was actually granted admittance to this thing, thanks in part to the generosity of a Dealbreaker reader who so selflessly gave up his ticket (and opportunity to bask in the reflected glow...
What, Exactly, Do They Know That We Do Not?
Mar 25, 2009, 11:40am
Posted by Equity Private
No lesser source of scintillating financial analysis than the New York Post is reporting the suddenly ravenous appetite of Citigroup and Bank of America for mortgage backed securities. Recently, securities rated AAA have changed hands for roughly 30 cents on...
It's Probably Nothing But....
Feb 24, 2009, 1:11pm
Posted by Equity Private
I wonder why citibank.com is broken. Update: Pandit plugged it back in. Update: Pandit tripped over the plug again. HT: guest....
C-Level Positions
Nov 12, 2008, 3:49pm
Posted by Equity Private
Citibank has been quietly soiling itself for the last many weeks. Now that it has broken into single the digits it is anyone's guess where it is headed now. Including, actually, your guess. You know the rules: Closest to guess...
Quiet, Wells Fargo Has The Conch Shell Now!
Oct 05, 2008, 3:18pm
Posted by Equity Private
Wells Fargo & Co. said nothing in a court order obtained by New York-based Citigroup Inc. derails the California bank's plans to acquire Wachovia Corp. Well, except that whole restraining order thing. Wells Fargo Says Takeover Agreement With Wachovia Still...
You Are Not The Boss Of Me, Judge Ramos!
Oct 05, 2008, 1:57pm
Posted by Equity Private
In a press release written so quickly it is missing several spaces, Wachovia sets the record straight and plays the "taxpayer" trump card: CHARLOTTE, N.C., Oct. 5 /PRNewswire-FirstCall/ -- Wachovia does notbelieve Justice Ramos' order has any effect on the...
Citi Is Mad As Hell And They Are Not Going To Take It Anymore
Oct 03, 2008, 4:22pm
Posted by Equity Private
Sure, there is that whole exclusivity thing, and Wells Fargo's lawyers are "looking over the various papers," but, damnit, Citi, why not just outbid them too? Call it, a hedge. Call it, a two pronged attack. Call it, the second...
I Want To See Subpoenas At 620 Eighth Avenue Yesterday
Sep 19, 2008, 11:28am
Posted by Equity Private
We have the best readers in all of finance. Yes, they have names like "MostOffensive," but they catch big ones for us now and then. The reality is that the media can do far more damage far more quickly than...
Vikram Pandit Mistakenly Given Credit For Joke Of A Tagline
Sep 08, 2008, 3:56pm
Posted by Bess Levin
I don't know Citi's Chief Administrative Officer Don Callahan very well and don't think I want to. Those intimately familiar with the Don might take issue with this and argue that he's a good guy but would a good guy...
Vikram Pandit: "We can make Citi the best company in the world, bar none."
Jun 30, 2008, 10:10am
Posted by Bess Levin
Citi CEO Vikram Pandit sent out a memo congratulating the troops on completing the second quarter last night; not successfully, per se, just in general. I'm paraphrasing but something like "It's June 30 and we're still here," which you...
Citigroup Treading On Thin Ice With Punk Analyst
Jun 20, 2008, 10:45am
Posted by Bess Levin
Citigroup has just learned that hell hath no fury like a chafed Dick. Yesterday, CFO Gary Crittenden popped in on a little gathering run by Deutsche Bank's Mike Mayo. While breaking bread and shooting the shit with a couple of...
BACK. IN. THE. GAME.
Jun 10, 2008, 3:13pm
Posted by Bess Levin
Oh hell fuck yeah! Hold on to your motherfucking hats. Are you ready for this? Are you ready this one? Are you ready for the noise? Are you ready for the thunda? Citi has switched over its screensavers to reflect...
Someone Is Undermining Vikram Pandit
Posted in Vikram Pandit, Jun 04, 2008, 9:45am
Posted by Bess Levin
Nearly one month ago, Citi CEO Vikram Pandit announced his genius plan for making things work at the big C. And the plan was: a new motto. And the new motto was: Citi Never Sleeps. Obviously there were some naysayers...
Meredith Whitney Is Not Well
May 20, 2008, 12:00pm
Posted by Bess Levin
We suggested last week that Oppenheimer analyst and erstwhile Citi hater Meredith Whitney had grown tired of Panditville. Her last report, in which she concluded, "We wish [Citi's] management team all the best in their ambitious endeavors, but we fear...
Citi's Most Valuable Asset
May 12, 2008, 3:40pm
Posted by Bess Levin
We’re not suggesting in the slightest that Citi’s new-old slogan, “Citi Never Sleeps,” doesn’t strike us a tagline that would get Meredith Whitney going, “You know, I’m starting to think that those guys know what they’re doing over there,” but...
You Big Money Idea Of The Day: Citi
May 12, 2008, 1:00pm
Posted by Bess Levin
Listen, we talk a lot of shit about Citi here, and I highly doubt that’s going to stop any time soon. But let’s just all agree that the C’s got a new contrarian indicator and she’s telling us to buy....
Citi Never Sleeps: The Ad Campaign
Posted in Citigroup, Video, May 07, 2008, 3:15pm
Posted by John Carney
When we learned this morning that Citi CEO Vikram Pandit had announced at 5:03 this morning that the financial giant was adopting "Citi Never Sleeps" as its new company motto, we immediately began anticipating the new advertising campaign that Citi...
Citi Makes Insomnia Its Motto
Posted in Citigroup, May 07, 2008, 11:36am
Posted by John Carney
Just yesterday we were learning that Vikram Pandit was concentrated on the small things rather than vision. But in the wee hours of the morning he sent out an email showing that he’s totally changed his mind. Now he’s on...
