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Keyword: citigroup

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  • The Obama Administration's Disrespect For The Rule Of Law Hits A New Low

    05/31/2016 11:08:56 AM PDT · by reaganaut1 · 14 replies
    Forbes ^ | May 31, 2016 | George Leef
    The lawlessness of the Obama administration has been astounding. Entire books have been written about President Obama’s notion that he should be and is free to do whatever he wants (such as Lawless by Professor David Bernstein, which I wrote about here). No doubt more will be. One remarkably brazen instance I recently learned about is his administration’s funneling of money from lawsuit settlements into the pockets of left-wing activist groups. It makes you wonder if there is anything this administration won’t try to get away with. Following the collapse of the housing bubble, the federal government initiated several grandstanding,...
  • Ted Cruz improperly accounted for Goldman Sachs loans, FEC decides

    05/26/2017 1:11:05 PM PDT · by ColdOne · 81 replies
    foxnews.com ^ | 5/26/17 | Brooke Singman
    Sen. Ted Cruz improperly accounted for Goldman Sachs loans he acquired during his 2012 Senate campaign, the Federal Election Commission ruled on Thursday. In a unanimous vote, FEC commissioners decided that the nearly $1.1 million in loans made to the to the campaign by Goldman Sachs and Citigroup should have been disclosed to voters and the American public. The final report from the FEC is expected in 30 days, and further action, such as penalty for Cruz, will be decided, should the FEC decide to initiate an “enforcement action” at a later date. But Cruz’s office said this is “old...
  • Raffles Hotel Put On Market As Prince Alwaleed Attempts To Stop Wealth Draining Away

    04/15/2009 5:57:47 PM PDT · by Steelfish · 2 replies · 346+ views
    London Times ^ | April 15, 2009
    April 16, 2009 Raffles Hotel put on market as Prince Alwaleed attempts to stop wealth draining away Dominic Walsh A byword for colonial grandeur, and a favourite watering hole of such literary luminaries as Somerset Maugham, Joseph Conrad and Rudyard Kipling, Raffles Hotel, home to the Singapore Sling cocktail, has been put up for sale for up to $450 million (Ł300 million). Apparently, the hotel's owner, Prince Alwaleed of Saudi Arabia, is feeling the pinch. The Times understands that Fairmont Raffles Hotels International, in which the Prince's Kingdom Holding Company (KHC) has a controlling stake, is seeking buyers for its...
  • Wikileaks: Citigroup meeting staff to go over appointments for BHO cabinet

    11/05/2016 10:03:05 AM PDT · by American72 · 24 replies
    Wikileaks ^ | 9/28/2008 | Wikileaks
    September 28, 2008 TO: Senator Obama FROM: Mike Froman Federico Pena John Podesta CC: Pete Rouse RE: Personnel Discussion We are scheduled to see you tomorrow in Reno to discuss White House organization/structure, as well as candidates for senior White House, national security and economic policy positions. Our focus tomorrow will be the White House Chief of Staff, the national security team (NSC, State, Defense, USUN, DNI/CIA, Homeland Security) and the core economic policy team (Treasury, NEC, OMB). At the meeting, we will provide you with a list of names which includes:  Candidates for top positions;  Deputies, as...
  • Seven more Hillary Clinton scandals exposed by WikiLeaks

    10/18/2016 12:13:44 PM PDT · by Beautiful_Gracious_Skies · 12 replies
    The Washington Times ^ | October 14, 2016 | Kelly Riddell
    The avalanche dump of emails from John Podesta, Hillary Clinton’s campaign chairman, keep coming from WikiLeaks, exposing the insider nature and corruption within the Clinton campaign and Democratic Party. Here’s an updated list. 1. Clinton Foundation donors expected “benefits in return for gifts.” ....an independent “governance review”...... many of the foundation’s donors had “an expectation of a quid pro quo benefits in return for gifts.” 2. Obama’s Cabinet picked by Citigroup executive — during the bailout — a month before the election. ...... executive at Citigroup during 2008’s election, listed potential Cabinet picks in an Obama administration,... The bank was...
  • Citigroup warns a Donald Trump victory will cause global recession

    08/28/2016 2:45:09 PM PDT · by Lorianne · 93 replies
    Economic Collapse News ^ | 26 August 2016 | Andrew Moran
    If Republican nominee and real estate billionaire mogul Donald Trump pulls out an impossible victory against Hillary Clinton in November then prepare yourself for a global recession. This is the latest warning from Citigroup. The financial institution believes that markets would enter into chaos and the global economy would collapse because of policy uncertainty. Here is what Citi Chief Economist Willem Buiter opines (courtesy of Bloomberg): “A Trump victory in particular could prolong and perhaps exacerbate policy uncertainty and deliver a shock (though perhaps short-lived) to financial markets. Tightening financial conditions and further rises in uncertainty could trigger a significant...
  • The World Should Be Concerned About Trump For President (From Qatar)

    01/26/2016 1:14:37 PM PST · by Red Steel · 85 replies
    Gulf Times ^ | January 26 2016 11:47 PM
    Republican front-runner Donald Trump has broken just about every rule of conventional US presidential campaigning. Short on a long-term political vision to help shape the destiny of the nation, he has gleefully insulted Muslims, Mexicans, women and virtually all of his opponents. A Trump-in-the-White-House scenario poses high stakes for the Gulf region. Gulf Arabs could pull billion in investment money from the US if Trump, who triggered a global outrage when he advocated a temporary ban on all Muslims entering the US, wins the presidency later this year, prominent UAE businessman Khalaf al-Habtoor said. Saudi billionaire Prince Alwaleed bin Talal,...
  • Citigroup: Oil Is The “Trade Of The Year”

    01/22/2016 10:31:17 AM PST · by bananaman22 · 2 replies
    Oilprice.com ^ | 22-01-2016 | citi
    Oil prices surged on Thursday and Friday, staging a 14 percent rally to push oil back above $31 per barrel. A combination of factors worked together to stop the bleeding for WTI and Brent. Hopes rose for fresh monetary stimulus from the European Central Bank on Thursday when its President Mario Draghi hinted that more action could be forthcoming. Also, Japan’s central bank could also engage in QE-style asset purchasing to boost the economy. At the same time, a monster snow storm hitting the east coast of the U.S. brought speculation that colder weather could boost demand.
  • Billionaire Saudi prince: Trump should end campaign [LOL]

    12/11/2015 6:29:46 PM PST · by markomalley · 63 replies
    The Hill ^ | 12/11/15 | Mark Hensch
    A Saudi royal is calling for Republican presidential front-runner Donald Trump to end his campaign.“@RealDonaldTrump, you are a disgrace not only to the GOP but to all America,” Saudi Prince Alwaleed Bin Talal tweeted Friday. "Withdraw from the U.S. presidential race as you will never win.”Bin Talal’s request follows Trump’s controversial call for a ban on admitting Muslims into the U.S. Trump has repeatedly defended the measure as necessary to prevent radical Islamic terrorism on American soil.Forbes reported last June that Bin Talal is Saudi Arabia’s wealthiest billionaire, boasting a $24 billion personal fortune. He ranks No. 34 out of the world’s 100...
  • Former Citigroup CEO: Big banks don't work

    11/12/2015 8:47:30 AM PST · by RoosterRedux · 23 replies
    money.cnn.com ^ | Heather Long
    In an op-ed published in the Financial Times, John Reed says large banks like the one he used to run are now "inherently unstable and unworkable." The man who was one of the chief architects of the "Big Bank" model now says says the United States never should have repealed the Glass-Steagall banking act in 1999. That's exactly what Democratic presidential hopefuls Bernie Sanders and Martin O'Malley have been arguing on the campaign trail. They want the law reinstated. Hillary Clinton and the Republican candidates do not. As CEO of Citi from 1984 to 2000, Reed was one of the...
  • Saudi prince announces he will give his entire $32BILLION fortune

    07/01/2015 12:53:28 PM PDT · by the scotsman · 20 replies
    Daily Mail ^ | 1st July 2015 | Lydia Willgress
    'A Saudi Arabian billionaire is planning on giving his entire $32billion (Ł20bn) fortune to charity. Prince Alwaleed bin Talal, one of the richest men in the world, said he wants to donate to groups that promote health and help with disaster relief. The 60-year-old will also support women's charities and those that look towards eradicating disease. He did not say whether the generous move would have any impact on his holdings. Mr bin Talal is the grandson of Saudi Arabia's founder Ibn Saud. He is said to have started his business empire with a $30,000 (Ł19,000) gift from his father...
  • 5 Big Banks Expected to Plead Guilty to Felony Charges, but Punishments May Be Tempered

    05/14/2015 6:40:23 AM PDT · by Theoria · 16 replies
    The New York Times ^ | 13 May 2015 | BEN PROTESS and MICHAEL CORKERY
    For most people, pleading guilty to a felony means they will very likely land in prison, lose their job and forfeit their right to vote. But when five of the world’s biggest banks plead guilty to an array of antitrust and fraud charges as soon as next week, life will go on, probably without much of a hiccup. The Justice Department is preparing to announce that Barclays, JPMorgan Chase, Citigroup and the Royal Bank of Scotland will collectively pay several billion dollars and plead guilty to criminal antitrust violations for rigging the price of foreign currencies, according to people briefed...
  • Why Is A Saudi Prince Selling Out Of News Corp?[Fox News}

    02/04/2015 12:21:37 PM PST · by Enlightened1 · 27 replies
    Forbes ^ | 02/04/15 | Chris Wright
    Few individual investors have quite as much capital to deploy as Prince Alwaleed Bin Talal of Saudi Arabia. Through his Kingdom Holding , he holds significant stakes in companies including Citigroup C -0.41%, Twitter TWTR +1.28% – and, until recently, News Corporation. The Prince hasn’t sold out completely – he still owns about 1% of the company, as well as a separate 6.6% shareholding in 21st Century Fox Inc which in itself is worth about $1.7 billion – but he previously also held 6.6% of News Corp NWSA 0%, or a total of 13.184 million class B shares. He’s shed...
  • France Terror Heading to US, Oil Crash Equals Market Crash, Obama’s Phony Recovery

    01/11/2015 6:50:55 PM PST · by Lorianne · 12 replies
    You Tube/ USA Watchdog ^ | 08 January 2015 | Greg Hunter
    video 15:10
  • Elizabeth Warren’s surprising compliment: Why comparisons to Ted Cruz are good

    01/05/2015 3:36:13 PM PST · by 2ndDivisionVet · 16 replies
    Salon ^ | January 5, 2015 | Heather Digby Parton
    It's reasonable to recoil when DC gasbags compare Elizabeth Warren to Ted Cruz. But here's its less-obvious upside. In one of the more memorable Senate speeches in recent memory, Senator Elizabeth Warren threw down the gauntlet to Wall Street in words that you don’t often hear in that august body: she named names. Responding Citigroup’s complaints about financial reform, “let me say this to anyone who is listening at Citi[group]. I agree with you Dodd-Frank isn’t perfect. It should have broken you into pieces!” That’s unusual. The millionaires club also known as the Senate is an unlikely place to hear...
  • Hillary Clinton’s Wall Street Allies CRUSH Elizabeth Warren in the First Battle of the Dem Primary

    12/22/2014 2:29:43 AM PST · by 2ndDivisionVet · 12 replies
    The Washington Free Beacon's The Editor's Blog ^ | December 12, 2014 | Andrew Stiles
    Liberals powerless to stop the Clinton-Wall Street gravy train.Despite her best efforts and most passionate gesticulations, Senator Elizabeth Warren (D., Mass.) failed to shut down the government on Thursday, thus proving her political clout is vastly inferior to that of GOP colleague Ted Cruz. Warren had urged House Democrats to block a controversial spending package, which included a provision to roll back a portion of the Dodd-Frank financial reform bill known as the “swaps pushout” rule. Warren, for the record, does not like Wall Street. “It is time for all of us to stand up and fight,” she said on...
  • Connecticut life insurance executive stabbed to death running near her home: cops (VIDEO)

    11/24/2014 11:08:41 AM PST · by george76 · 59 replies
    NEW YORK DAILY NEWS ^ | November 24, 2014 | JASON MOLINET
    A popular bike path became the scene of a gruesome murder late Thursday when a life insurance executive was killed while running near her Connecticut home. Melissa Millan, 54, a triathlete and mother of two, was found stabbed at about 8 p.m. in the Hartford suburb of Simsbury, Conn. Police have stepped up patrols of the bike path and scoured the area on Saturday, but no suspect has been named and the murder weapon has not been recovered, WFSB reported. Millan, a senior vice president who had been with MassMutual Financial Group since 2001, was transported to an area hospital,...
  • Citigroup banker found dead with throat slit in swanky apartment (New York)

    11/19/2014 3:04:35 PM PST · by dynachrome · 88 replies
    NY Post ^ | 11-19-14 | Kevin Dugan, Erin Calabrese and Beckie Strum
    here was no knife recovered at the scene, leading officials to suspect the death was not a suicide, and they were trying to determine who had access to his apartment. One-bedroom apartments at the building are listed at more than $1 million.
  • The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare (Fake Story)

    11/08/2014 9:50:08 AM PST · by Bigun · 14 replies
    Rolling Stone ^ | November 6, 2014 | Matt Taibbi
    Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking By Matt Taibbi | November 6, 2014 "It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'" Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing. Back in 2006, as a...
  • Who Funds the Far Left? You’ll Be Surprised

    12/14/2013 3:20:29 AM PST · by afraidfortherepublic · 49 replies
    Powerline ^ | 12-13-13 | John Hinderaker
    The Center for American Progress is a left-wing organization that is closely associated with the Obama administration. Its principal product is a web site called Think Progress. Think Progress is part of the internet cesspool that modern liberalism has become. Written by hack left-wing bloggers, it is bitterly hostile to free enterprise. It is a low-rent site that traffics in the most absurd smears and conspiracy theories. Many have wondered for some years who finances far-left web sites like Think Progress. As of today, we know at least part of the answer, as CAP released its corporate donor list for...