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Keyword: pandit

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  • CNBC Exec’s Children Murdered, 1 Day After CNBC Reports $43 Trillion Bankster Lawsuit

    10/27/2012 10:47:23 AM PDT · by opentalk · 73 replies
    Intel Hub ^ | October 26, 2012 | JG Vibes
    This week financial news organization CNBC gave some mainstream attention to the largest money laundering and racketeering lawsuit in United States History, in which “Banksters” and their U.S. racketeering partners are being accused of laundering of 43 trillion dollars worth of ill gotten gains. The lawsuit is said to involve officials located in the highest offices of government and the financial sector. Since this information was surprisingly revealed by the mainstream news organization there has been a very suspicious and deadly fallout at the CNBC headquarters. Within hours the original page for the article was taken down, and CNBC senior...
  • Vikram Pandit Steps Down as Citigroup's Chief

    10/16/2012 6:58:56 AM PDT · by SeekAndFind · 6 replies
    Citigroup‘s board said on Tuesday that Vikram S. Pandit had stepped down as chief executive, effective immediately, and will be succceeded by the head of the bank’s European and Middle Eastern division, Michael L. Corbat. John P. Havens, the bank’s president and a longtime associate of Mr. Pandit’s, has also resigned. The surprising move by Mr. Pandit comes just one day after the firm reported stronger-than-expected third-quarter earnings. Excluding a number of onetime charges — including a big loss tied to the continued shedding of the Smith Barney brokerage — Citigroup earned $3.27 billion, or $1.06 a share. That bested...
  • Treasury's test may force ouster of Citi's Pandit

    04/24/2009 5:22:25 PM PDT · by Raster Man · 2 replies · 247+ views
    New York Post ^ | April 24, 2009 | Mark DeCambre
    Citigroup CEO Vikram Pandit's job security is increasingly in jeopardy as momentum grows in Washington to oust him.
  • Citigroup, Under Siege, Holds Talks With U.S.

    11/21/2008 6:39:32 PM PST · by rabscuttle385 · 107 replies · 5,005+ views
    The New York Times ^ | 2008-11-22 | Andrew Ross Sorkin & Louise Story
    With the sharp stock-market decline for Citigroup rapidly becoming a full-blown crisis of confidence, the company’s executives on Friday entered into talks with federal officials about how to stabilize the struggling financial giant. In a series of tense meetings and telephone calls, the executives and officials weighed several options, including whether to replace Citigroup’s leadership or sell all or part of the company. Other options discussed included a public endorsement from the government or a new financial lifeline, people involved in the talks said. The course of action, however, remained uncertain on Friday night, these people said, and other options...