Escape From Citigroup
Forbes - 2 hours 3 minutes agoCan the U.S. collect its paper gain on Citigroup shares?
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Can the U.S. collect its paper gain on Citigroup shares?
As the House of Representatives moved closer on Thursday to debating the most sweeping changes to financial regulation proposed since the Great Depression, a raft of late amendments were headed to the floor as lawmakers wrangled over the legislation.
Dec. 11 (Bloomberg) -- Asia stocks climbed after Chinese industrial production rose more than economists forecast and U.S. jobless claims fell to a one-year low. The yen and credit- default swaps for bonds in Asia fell.
Treasury Secretary Timothy Geithner on Thursday defended his extension of the government's unpopular financial bailout as necessary to safely wind down the program.
Dec. 11 (Bloomberg) -- OneSteel Ltd. , Australia’s second- largest steelmaker, is in talks with U.S. mills to sell its technology that burns automotive tires to make steel.
The Obama administration's pay czar, Kenneth Feinberg, plans to announce Friday his next wave of rulings on compensation at firms that received U.S. bailout funds, a report says.
Citigroup seeks approval of the U.S. Treasury Department and regulators to repay the bailout money.
Only 31,382 of more than 700,000 home loans in the federal program have been converted, data show. Federal data released Thursday showed just how poorly banks are doing at turning the growing number of temporary loan modifications into permanent ones under the Obama administration's effort to curtail foreclosures.
Sprint Upgraded To Buy Rating At Citi
The U.S. economy is struggling against "headwinds" that mean the government must retain the ability to respond to unexpected crises, even as it starts to wind down emergency programs, Treasury Secretary Timothy Geithner said on Thursday.
Dec. 11 (Bloomberg) -- Stocks climbed after Chinese industrial production rose more than economists forecast and U.S. jobless claims fell to a one-year low. The yen and credit- default swaps for bonds in Asia fell.
Dec. 11 (Bloomberg) -- The Australian and New Zealand dollars headed for their second weekly advance as China said industrial production and new lending rose more than forecast, boosting demand for higher-yielding assets.
3M Upgraded To Buy At Citi
Dec. 11 (Bloomberg) -- The U.S. House scaled back state power over national banks and tightened rules for derivatives as lawmakers head toward a vote on tougher regulation of Wall Street over objections of Republicans and financial companies.
A comparision of recent residential sales by region and price range.
Dec. 10 (Bloomberg) -- Law firm revenue in the U.S. will fall 5 to 10 percent this year even after demand increased in the third quarter, according to Citi Private Bank.