Avast! Hedge-fund Pirate Bill Ackman Sets His Sights on Big Banks
It's a humble plan, but he believes it will work.
Skip to content, or skip to search.
Skip to content, or skip to search.
It's a humble plan, but he believes it will work.
"Before we douse her with more champagne, put her on TV with Charlie Rose and hand over the keys to the Treasury Department, it might be worth taking another look at what really happened."
It's Friday, which means there's news about financial institutions they hope you'll drink away over the weekend.
The 'WSJ' wonders: Now that they've ousted Rick Wagoner, is the government planning on firing any bank CEOs?
President Obama is meeting with the CEOs of fifteen of the country's largest financial institutions. Daily Intel has obtained a transcript of their conversation so far.
Sorry, guys! Citi blew all of its budget this year making millionaires more millionaire-y! Good luck feeding your kids, though.
Jets and Zen gardens we could handle, but insane retention bonuses and a stupid fire sale have put us over the edge.
It's official: Vikram Pandit needs someone who's going to tell him what is going to piss off normal people.
$400 million isn't getting them everywhere they want to be.
The Citigroup CEO finally had some good news — and then the government had to go and ruin it.
Instead of taking them on a vacation, as they normally do, Citigroup this year gave the highest-performing traders in their one profitable unit gift cards worth between $1,000 and $3,000. Cue the populist outrage!
"It's time for us to put this period behind us and be proud to be Citi again."
The government has increased its stake in the banking giant by 36 percent, plans to motivate it toward weight loss.
A recent phone call between a senior government official and Citigroup CEO Vikram Pandit revealed "who's on top" in the new world of American finance, according to the 'Journal.'
movies, politics, designers, openings, models, tv, nightlife, barack obama, music, business, michelle obama, party lines, sports, tv, media, pirates, shopping, television, the sports section, beauty, overnights, advertising, baseball, david paterson, drama on the high seas, east village, hair, mayor bloomberg, reality tv, twitter, yankees, bo, drew barrymore, early and often, hell's kitchen, in treatment, industry players, mobama watch, nbc, openings, project runway, quote machine, reopenings, sales, taxes, the industry, two for eight, weddings, balmain, books, chanel iman, diane von furstenberg, economy, elections, fox, gay marriage, goldman sachs, heidi klum, isaac mizrahi, lady gaga, lawsuits, louis vuitton, madonna, maersk alabama, mediavore, michael jackson, midtown west, movies, port authority, real estate