Word: citibankers
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...open the shade on one of those windows over there–” “–you run the risk of being shot,” she interrupted. “Alrighty then.” We were on the 15th floor of the Citibank building, overlooking the parade route. Directly below “Window 21” we saw Pennsylvania Avenue, lined with police officers from all over the country, heading towards the Capitol in one direction and stretching back towards the White House in the other. For over two hours...
...raise seed capital and a bank will host low-cost savings accounts for borrowers with just a few dollars, since savings are a key part of the Grameen philosophy. "There are whole populations that aren't being reached by the banking sector," says Bob Annibale, director of microfinance at Citibank, which partners with Grameen in New York. Like other financial giants, Citi sees a lucrative new market in the unbanked. But attracting those customers isn't easy, and Citi is overjoyed to have Grameen deliver them...
...been here before - not so long ago, in fact. The economy is teetering, on the brink of collapse, and if the House and Senate don't act right now a full-blown Depression looms and we'll all find ourselves on breadlines faster than you can say AIG - er, Citibank. I mean, General Motors...
...inheriting Paulson's job in January, you provided a bit more coherence to just what exactly you guys are trying to do, and how. I know this is much easier said than done, given the startling rapidity with which things have headed down the drain. But the bailout of Citibank about a week ago makes the point; at the start of this, the so-called TARP (the Troubled Asset Relief Program) was going to be used to buy bad assets from financial institutions. Those institutions could then be recapitalized and, with their balance sheets repaired, set about lending again...
...Michigan have notified their students via e-mail that Citibank announced its intentions to cancel the custom student loan programs, effective Nov. 2, citing current market conditions...