Word: citigroupã
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...Bringing up Wall Street’s role in the current financial crisis may seem dated. The two and a half months since Lehman Brothers collapsed have been rather eventful—a presidential election, A.I.G.’s bailout, Citigroup??s bailout, a 2,000 point decrease in the Dow, Iceland becoming insolvent, a requested bailout for the Big Three automakers, and as of Monday a bona fide, American-made recession. Because of all of this, it’s easy to forget what started this debacle—the subprime mortgage fiasco. If you?...
...upper echelon of finance, the usual recruiting suspects remain alive, if not quite well. Indeed, of the behemoths that have gone under in the past months, only Lehman Brothers was a major recruiter at Harvard. The most sought-after financial recruiters—namely Goldman Sachs, J.P. Morgan, and Citigroup??have survived the recent turmoil and have shown their health by buying up the dismembered parts of other firms. If these three remain strong in the coming years (all, including Citi, remain well-capitalized) and businesses continue to have the need for management consultants (who have been affected...
...Times reported that Light's ascension could pave the way for other directors to leave the board to make way for more indviduals with backgrounds in finance. Currently, The Times reported, none of Citigroup??s 10 directors has extensive experience on Wall Street, and just one is a former finance chief...
...Rubin, who serves as chairman of Citigroup??s executive committee, said in an interview that his undergraduate experience engrained him with a sense of “restless intellectual inquiry” and trained him to handle the stressful situations he would face later in life—both this year and during his time at Goldman Sachs, which he led in the early 1990s...
...Thomas C. Foley ’75 arrived in Baghdad in August 2003 with the task of privatizing many of the country’s 192 state-controlled companies. After graduating from HBS in 1979, Foley worked at McKinsey & Co. and Citigroup??s venture capital arm before founding NTC Group, a private equity firm, in 1985. He was tapped by the Bush administration in August 2003 to serve as the Coalition’s director of private-sector development...