Revlon
If They Can’t Have Citigroup’s Money, Hedge Funds Guess They’ll Settle For Their Collateral
The only problem is, Revlon’s promised it to some other people.
Citi Can Have Its Half-Billion Dollars Back. Its Reputation, Not So Much.
Fat fingers do not have the force of law (anymore).
Citi May Lose Half-Billion On Revlon Snafu A Second Time
While some doubt Revlon will screw over its erstwhile ally, the company hasn’t hesitated to do it before.
Beneficiary Of Citi Screw Up Was Totally Talking About Another Mistake When She Found Out About Payment
Really, it was about someone fucking up on our side. Honest.
Hedge Funds Have Fun At Citi’s Expense, Possibly Their Own (Legally-Speaking)
In fairness to them, the whole paying-Revlon’s-debt-early thing is incredibly funny.
Hedge Fund Very Eager To Do Business With Very Incompetent Bank
We suppose it’s the really the least they could do.
Sophisticated Institutions Battle To See Whose Disingenuousness Is Most Sophisticated
In other words, whose pretense will most successfully sway a judge.
Citi So Spooked By Lawsuit It Panicked, Just Repaid Everyone, Now Wants Money Back
That’s how it’s supposed to work, right?