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...Veteran analyst Richard Bove of Rochdale Securities, who had been recommending Citi's shares since the summer, downgraded the stock on news that it was going to repay TARP from a "buy" to a "sell" rating. "What does it do for the company? Management can increase [executive] salaries," says Bove, referring to the fact that Citi will now be free of the government's compensation rules. "What else? Nothing...
...Indeed, Citi's shares fell on the news that it was repaying TARP, down $0.27, or nearly 7%, to $3.68 a share...
...grew at a 30% average annual rate. He had run the bank's Latin American operations before being promoted to co-head of investment banking. In 2006, trade publication the Banker named Verme one of the top 10 movers and shakers in the Latin American business. It was big news in banking circles when Citi tapped Verme for Dubai. (See the best business deals...
According to the Yale Daily News, a freshman left the university mid-semester in the fall of 2007 due to medical conditions—a freshman who chalked “Dauphin” on the walls of campus and videotaped his break-in to the Skull and Bones “Tomb.” He left after some PG (Pretty Grisly) events that targeted freshman residents of Branford College. You know, like death threats, hit-and-run incidents—which is pretty disturbing even for New Haven. According to the same article, the freshman who left...
...traffickers exploiting their desire to reach the U.K. (where obtaining refugee status is easier and brings more in aid payments). Britain has long demanded that Paris take action to prevent migrants from congregating on French shores with the aim of illegally sneaking across the Channel. (See the top 10 news stories...