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Oil plunge is threat and boon to global economies

...boom in the U.S., the world is awash in oil at a time when demand from major economies is weak - so prices are falling. Citibank analysts wrote in a report Thursday that global supplies exceed demand by about 700,000 barrels a day now.The price of...
Outside editorial: Shareholders strike blow against 'obscene' CEO pay

...Vikram Pandit, the CEO of Citigroup, the company that owns Citibank. The bank collapsed in 2008 and had to be rescued by the U...That's a sentiment corporate America needs to hear more of.Citibank's board should respect their shareholders' decision. If...
America should bank on students, not executives

...This is exactly the problem with the current system: It puts the lenders before students. One of the largest lenders, Citibank, has received billions in bailout money, yet the bank is making huge profits on loans to students struggling to pay monthly...
Outside editorial: New banking regulation brings needed competition

...America plans a new $5 debit-card fee, other big banks such as Wells Fargo and JPMorgan Chase are discussing smaller fees. Citibank hasn't announced any such fees.Further, some smaller banks and credit unions, which worked against the swipe-fee amendment...
What if Bush policy mirrored Obama's?

...that has declined more than 30 percent since Election Day? Would they be arguing - shouting? - about the implicit lessons of Citibank at $1.03 per share, of General Motors at $1.45, of General Electric at $7.06? Would there be outrage when the new...
Oil prices back at highest levels since Gulf War

...on the corner of the radar screen,'' said Peter Gignoux, managing director of the petroleum desk at Salomon Smith Barney Citibank in London. But Gignoux dismissed the run-up in prices as ``a blip on the weekly chart,'' saying, ``I think you need...
Just send the next bailout check to me

...members will monitor me much more directly than any government oversight committee would ever monitor J.P. Morgan Chase, Citibank, Bank of America and the other big winners of the recent bailout lottery. We deserve these funds for the same reasons that...
State works to prop pensions with bonds

...progress was going well in setting up the sale. Some of the top names on Wall Street will be working for the state, including CitiBank, Merrill Lynch and Goldman Sachs, to sell the bonds, Andrews said. The state also has been working with major bond rating...
My turn: Gas line financing is guaranteed my residential and commercial trade to package the loan (at least for the first $18 billion dollars) for commitment by Citibank or JP Morgan, or a consortium of international lenders. Let me see, the origination fee at 1 percent would be $180 million...
Juneau Empire Online Sports: Rafters rocks miffed Sampras, wins ATP 8/17/98

...The victory was worth $39,000. In Purchase, N.Y., John McEnroe overpowered John Lloyd 6-1, 6-2 to win the Citibank Champions and take over first place in the senior tennis circuit's Nuveen Masters Point Standings.


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