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...Citigroup results indicate continued deterioration on the credit side," says Christopher Whalen, managing director of research firm Institutional Risk Analytics. "Citi is an outlier in terms of loss rates, above Bank of America and Wells Fargo...

Author: /time Magazine | Title: Can Citi Ever Turn It Around? | 7/23/2009 | See Source »

...bank had a so-called net charge-off ratio, which is the percentage of loans that are likely to not be paid back compared to total loans, of 5.1%, according to CreditSights. That compares to a charge-off ratio of 2.6% for JPMorgan and 3.6% for Bank of America...

Author: /time Magazine | Title: Can Citi Ever Turn It Around? | 7/23/2009 | See Source »

...proud of you and rejoice that tonight you will receive acclaim by CNN for your scholarship and leadership in bringing knowledge of African and African American history and culture to a wide, even international public. We commend you for this, while also realizing that to be black in America brings painful situations such as what you are now experiencing...

Author: By Evelyn B. Higginbotham | Title: An Open Letter to Professor Gates | 7/23/2009 | See Source »

Citigroup and Bank of America will set up the line of credit for the next year, Bloomberg said. In a report published last April, credit ratings agency Moody's Investors Service said the previous line of credit was funded by a consortium of banks, but it is unclear whether Citigroup and Bank of America participated. Spokesmen from Bank of America and Citigroup declined to comment...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Harvard Considers Swapping in Tighter Credit Line | 7/23/2009 | See Source »

...lawyer and friend, law school professor Charles J. Ogletree, Jr., did not respond to repeated requests for comment by The Crimson.Gates, who has accused Crowley of fabricating information in the police report documenting the incident, has offered to personally educate the officer on the "history of racism in America and the issue of racial profiling." He also said he has been inspired to film a documentary on the subject.The arrest took place last Thursday when a woman reported to police that she saw two men apparently trying to pry open the front door to Gates' home. But in reality...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Obama Chides Cambridge Police for Gates' Arrest | 7/23/2009 | See Source »

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