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...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...
Couples' success was welcome news for Universal Pictures, which this summer suffered disaster after comedy disaster (Land of the Lost, Brüno, Funny People) and recently replaced its top two executives. "Movies always do business after the studio heads get fired," an insider told Nikki Finke at Deadline Hollywood, echoing film-biz folk wisdom and ignoring the flop opening of Disney's Surrogates the week after the company canned Dick Cook, its longtime production chief. (See the 100 best movies of all time...
President Barack Obama was surprisingly given the Nobel Peace Prize "primarily for his work on and commitment to nuclear disarmament," according to Agot Valle, a Norwegian politician who served on the award committee. Valle told the Wall Street Journal that the stewards of the prize wanted to "support" Obama's goal, as expressed recently at the U.N., "of a world without nuclear weapons...
...like many West Wing staffers on Friday, Deputy White House Spokesman Bill Burton had been awoken by a phone call, in this case from an ABC News correspondent, Yunji De Nies, who told Burton that President Obama had just won the 2009 Nobel Peace Prize. "That is good," quipped Burton...
...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" but to hit back, Interior Minister Rehman Malik told a local news channel. "We will have to proceed. All roads are leading to South Waziristan." (See pictures of the Taliban in the Buner district of Pakistan...