Citigroup Shareholder Meeting a Garish Circus of Despair, Basically
Ringmaster Vikram tried to keep it "upbeat," but overall, the performance was not well received.
Posted 04/21/09 in Daily Intel
White Men With Money
Unmasking Portfolio’s Anonymous TARP Wife
We used the process of elimination, but actually, it was super-obvious.
Posted 04/17/09 in Daily Intel
White Men With Money
Avast! Hedge-fund Pirate Bill Ackman Sets His Sights on Big Banks
It's a humble plan, but he believes it will work.
Posted 04/09/09 in Daily Intel
He's Just Jealous
Meredith Whitney Is Not ‘That Great,’ Okay?
"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."
Posted 04/03/09 in Daily Intel
Scenes From a Meltdown
TARP-Supported Banks Plan to ‘Game the System’ by Buying Each Other’s Trash
It's Friday, which means there's news about financial institutions they hope you'll drink away over the weekend.
Posted 04/02/09 in Daily Intel
Imaginary Accounting
Posted 03/30/09 in Daily Intel
The Greatest Depression
The Humiliations of Vikram Pandit, Continued
The 'WSJ' wonders: Now that they've ousted Rick Wagoner, is the government planning on firing any bank CEOs?
Posted 03/27/09 in Daily Intel
The Greatest Depression
Obama Gets His Bank Boys Together
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.
Posted 03/26/09 in Daily Intel
The Rage of the Never Rich
Citigroup to Lay Off 65 Office Cleaners
Sorry, guys! Citi blew all of its budget this year making millionaires more millionaire-y! Good luck feeding your kids, though.
Posted 03/26/09 in Daily Intel
The Rich Hunt
Okay, Citigroup, You’ve Pissed Us Off
Jets and Zen gardens we could handle, but insane retention bonuses and a stupid fire sale have put us over the edge.
Posted 03/19/09 in Daily Intel
CEOh, No!
Citigroup’s $10 Million Office Plans May Threaten Stability of Taxpayer Minds
It's official: Vikram Pandit needs someone who's going to tell him what is going to piss off normal people.
Posted 03/12/09 in Daily Intel
The Sports Section
What’s in a Name? For Citi Field, Maybe Not So Much
$400 million isn't getting them everywhere they want to be.
Posted 03/10/09 in Daily Intel
Finance Fiction
Vikram Pandit Undermined Again
The Citigroup CEO finally had some good news — and then the government had to go and ruin it.
Posted 03/09/09 in Daily Intel
Outrages
Citigroup Gave Glorified Starbucks Cards to Employees and Some People Are Mad About 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!
Posted 02/27/09 in Daily Intel
White Men With Money
Vikram Pandit Will Never Give Up on Citi, As Long As You Never Do
"It's time for us to put this period behind us and be proud to be Citi again."
Posted 02/27/09 in Daily Intel
The Great Stimulation
U.S. Will Force Struggling Giant Citigroup to Get on Treadmill
The government has increased its stake in the banking giant by 36 percent, plans to motivate it toward weight loss.
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