chuck prince

  • News

    Chuck Prince And Bob Rubin: Our Bad

    Rubin’s got “regrets” and Prince is “deeply sorry” that management wasn’t more “prescient.” Also, you should know, that since taking up early retirement, Chuck has “given a great deal of thought to the unique events that led to the financial crisis and which bring us here today.”

    / Apr 8, 2010 at 10:10 AM
  • News

    Citi Underwriter Started Sending Higher-Ups Warnings Re: Mortgage Trubs Back In 2006

    Nobody really listened to him much though, probably because the subject lines of his emails to Bob Rubin and Co were fairly mundane (“THIS LOOKS REALLY FUCKING BAD, FELLAS”) and he forgot to mark them high alert.

    / Apr 7, 2010 at 3:15 PM
  • News

    Count On The Post

    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 scheme, propping up CIti shares until insiders could exit. Chuck Prince and Robert Rubin are […]

    / Dec 4, 2008 at 9:16 AM
  • News

    The Amazing Race: Prince, Dykstra, McMahon
    Who Will Sell Their Manse First?

    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 about a million more than what Prince bought the Tudor for in 2003, but $300,000 […]

    / Jun 18, 2008 at 2:14 PM
  • KKR

    How Did KKR Financial Become A Buyout Loan SIV?

    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 they’ve struck a bargain with their investors to delay the repayment of the debt, which […]

    / Feb 20, 2008 at 3:45 PM

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