Archive for the 'Financial News' Category

Credit Giant Citigroup to Cut Jobs

Another casualty of the increasing credit and mortgage crisis is going to be jobs and livelihoods of many workers for one of the largest credit conglomerates in the US today, Citigroup. You may even have a credit card or a loan bearing their name, however, that wasn’t abundant to save the gia…

The break down of the Almighty Dollar?

I recently read an interesting spread about how the most currently famous model in the world, Gisele Bunchen, is demanding to be paid only in any denomination of currency that is not US dollars.
Used to be that the US dollar held a strong place compared to other foreign currencies, but that is app…

Citigroup CEO Steps Down, Analyst Receives Death Threats

In two interesting developments in the biggest banking conglomerate’s woes as of late, the analyst who predicted the banking giants Citigroups downgrading in stock received several death threats, and the CEO of Citigroup Charles Prince, as expected, stepped down in an emergency meeting of the …