Who would have guessed that Citi would be considering a sell-off… in part or as a whole?
Citigroup Inc. is considering auctioning off parts of the firm or selling the company outright, according to a media report late Thursday.
This report comes following a day when Citigroup saw its shares trading for $4.55. Perhaps, [...]
For all of us who supported President-Elect Barack Obama, particularly some of us older voters, it has come as a pleasant surprise that at least for now Barack Obama’s team is still watering the grass roots.
Following the announcement of Obama’s election on November 4th an email was sent out, before his Grant Park [...]
According to Bloomberg consumer prices fell 1% last month bringing on worries of deflation.
The cost of living in the U.S. fell by the most on record and construction began on the fewest homes ever last month, evidence the economy is in the worst recession in at least a quarter century.
The consumer price index plunged [...]
Ted Stevens can now be referred to as former Senator Ted Stevens, Republican of Alaska. He has been defeated by Democrat Mark Begich.
There are two Senate seats still up for grabs. A recount will begin tomorrow in Minnesota to decide the Senate race between Democrat Al Franken and Republican Norm Coleman and [...]
Sheila Bair, Chairwoman of the FDIC, may be the only appointee of the present administration that gives a rat’s ass about anyone who doesn’t suck from the Wall Street teat. We have all seen Henry Paulson hand out early Christmas gifts to the bankers on Wall Street… and insurance companies. But, it has [...]
