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...Among those that are still left are its insurance division Primerica and a home-loan business, CitiMortgage. At the time, Citi said it would like to hold on to much of its retail and corporate bank. A Citi spokesperson says that continues to be the bank's plan. In July, CEO Vikram Pandit told financial-news outlet Bloomberg that the bank is "moving extremely fast" on asset sales. He said the bank had already shrunk its assets...

Author: /time Magazine | Title: The Citi Sale That Never Ends | 10/12/2009 | See Source »

...these days it looks like much more is on the block at Citi than the bank is letting on. Citi is reportedly considering a plan to either sell off or close a number of its retail branches. At just over 1,000, Citi has a much smaller branch network than its rivals. Bank of America, for example, has 6,000 branches nationwide. Citi is reportedly considering closing or selling its bank branches in cities such as Boston, Philadelphia and other areas of the country where it does not have a significant presence. Citi has denied any such intention.(See pictures...

Author: /time Magazine | Title: The Citi Sale That Never Ends | 10/12/2009 | See Source »

...bought the boat tickets the day I saw that YouTube video. I knew we'd need a backup plan. The boat was actually plan C. The church was plan B. And plan A was marring her a long, long time ago. Pretty much...

Author: By Michelle L. Quach | Title: Recap: "Niagara" | 10/11/2009 | See Source »

...Russia's strategic interests, and its nuclear arsenal, no longer mattered. Instead, the progress has come in traditional quid-pro-quo arrangements, most notably President Obama's decision to scrap an as-yet hypothetical missile shield on Russia's doorstep. Still, the world's two nuclear powers plan to negotiate reductions to their own arsenals, and to take the lead in strengthening global efforts against further proliferation. (See pictures of Obama in Russia...

Author: /time Magazine | Title: Will the Nobel Help Obama Make Peace? | 10/10/2009 | See Source »

...third major attack in Pakistan this week, adding fresh urgency to the Pakistan army's plan to mount a much anticipated ground offensive in the Taliban's mountainous base in South Waziristan, along the Afghan border. Earlier this week, the Pakistani Taliban claimed responsibility for the bombing of the Islamabad office of the World Food Program (WFP), which killed five people. The militant group is also believed to be behind a devastating suicide bombing in a Peshawar marketplace on Friday that killed 49 people. With Saturday's attack, the government has been left with "no other option...

Author: /time Magazine | Title: Taliban Siege Shows Need for Pakistan Offensive | 10/10/2009 | See Source »

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