Word: financees
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3. Why save Citi when other banks are going under? Citigroup, with $160 billion in revenue last year, more than 300,000 employees and tendrils in every corner of finance, both domestically and abroad, is the poster child for an institution that is allegedly "too big to fail." A much...
Citi is not the first bank to hit the wall. When Washington Mutual, which had a balance sheet less than a third the size of Citi's, went down, the FDIC immediately flipped the company to JPMorgan Chase. But marrying off Citi was not a viable option. "There isn't...
The rage among pundits, journalists and policymakers these days is to believe that more government is better than less. And why not? In this time of economic chaos, finance ministers and central bankers around the world have appeared the only bulwark against complete financial collapse - a slide-rule cavalry, armed...
University Spokesman John D. Longbrake said that Faust wanted to encourage students who felt pressured to accept jobs in the business sector to explore options in public service. In last spring’s baccalaureate address, Faust encouraged seniors to pursue careers they were passionate about, despite perceived pressure of...
The five tickets announced yesterday for Undergraduate Council president and vice president are a combination of insiders and outsiders, campus politicos and comedians. Three of the candidates for president are current UC representatives. The candidates are ethnically diverse, including four African-Americans. Many are active in campus drama and comedy...