Word: firmnesses
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Financial giant Citigroup has recently stepped up its efforts to prove to the world that the bank is on the mend. In January, CEO Vikram Pandit said his firm had made enormous progress in 2009. And in February, Citi launched a blog to note that among other things, the bank's focus is "Our Clients. Period." But there is one area where the bank says it is no longer exceptional: it's no longer taking U.S. government handouts...
Treasury considers that a firm has received exceptional financial assistance if it has received government aid outside of the initial $250 billion bank bailout, in which the government injected capital into financial firms in return for preferred shares and stock warrants. The list originally included AIG, Bank of America, Chrysler, Chrysler Financial, Citi, GMAC and General Motors. But in December, Bank of America and Citigroup struck deals with the government to get off the list. Bank of America raised nearly $20 billion from investors and paid back the government the $45 billion it was lent under TARP...
After graduation, Louie worked in marketing at “Time Magazine,” in Internet development at a consulting firm, and in the business department of “Sports Illustrated Online,” among other jobs. When asked about whether she found all of her experience useful, she explained that she found them all instrumental in giving her skills and abilities to become a successful producer...
Purcell said that despite University-wide budget constraints, the creation of the position was a priority for the IOP this spring. However, there is no firm timeline for hiring the career counselor, according to IOP Director of Communications and Marketing Esten Perez...
...construction management firm that is currently overseeing the building of the $1 billion Allston Science Complex. The University is planning to halt construction of the complex this spring, when the foundation of the structure has been completed, but well before it is ready for occupants...