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To: My Favorite Headache
This isn't the same Citi-Group that employ's Robert Rubin as Vice Chair is it? How could he be in charge of something sleazy?
5 posted on 07/22/2002 11:42:49 AM PDT by The Vast Right Wing
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To: The Vast Right Wing
Another interesting Citigroup 'factoid'...

Saudi prince pours another dlrs 500 million into Citigroup
Thu Jul 18, 3:37 PM ET

NEW YORK - Prince Alwaleed Bin Talal, nephew of Saudi Arabia's King Fahd, has invested an additional dlrs 500 million in Citigroup Inc., the prince said Thursday.

Alwaleed, Citigroup's largest shareholder since 1991, said after the Sept. 11 terrorist attacks that he would invest about dlrs 1 billion in slumping U.S. and European shares.

The billionaire investor, who ranks 11th on Forbes's list of the richest people in the world, also has stakes in AOL Time Warner Inc. and Priceline.com Inc.

The latest investment by Alwaleed brings his total investment in Citigroup to more than dlrs 10 billion, or about 4 percent of the company.

Alwaleed said Thursday that Citigroup's shares were "at too attractive a price," prompting him to boost his investment in the New York-based financial-services giant.

Citigroup's shares dropped as low as dlrs 34.51 after the Sept. 11 attacks and recently traded only slightly above that level, at dlrs 37.52, down from the 52-week high of dlrs 52.50 set Jan. 7.

Wednesday, Citigroup reported a 15 percent rise in second-quarter earnings, boosted by growth in consumer credit-card, retail-banking and consumer-finance businesses.

Alwaleed, the 44-year-old chairman of Kingdom Holding Co., made headlines after the Sept. 11 attacks when he handed a dlrs 10 million check to New York City Mayor Rudy Giuliani following a visit to the site of the World Trade Center.

However, the Saudi prince also suggested that the United States take a more balanced approach toward the Palestinian cause, and Giuliani returned the check.

In afternoon trading, shares of Citigroup changed hands at dlrs 37.74, up 81 cents, or 2.2 percent, on the New York Stock Exchange ( news - web sites

17 posted on 07/22/2002 11:50:02 AM PDT by RCW2001
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To: The Vast Right Wing
This isn't the same Citi-Group that employ's Robert Rubin as Vice Chair is it?

Time to flush, and expose these creeps. As one Freeper said.. its the "is, is" factor. All the things they are trying to bring up regarding VP Cheney and President Bush, are nothing but smoke screens because August the 14th is drawing near. They will let all this stuff out now, hoping the public will ignore or forget it.

A great article posted on FR today isn't getting much attention,.. but it should be. Read this!!

http://www.freerepublic.com/focus/news/720393/posts

23 posted on 07/22/2002 11:51:39 AM PDT by Vets_Husband_and_Wife
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To: The Vast Right Wing
No way that a Clintonite and LIEberman has ANYTHING to do with this. < /sarcasm >
30 posted on 07/22/2002 11:55:40 AM PDT by Quicksilver
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To: The Vast Right Wing
Robert E. Rubin - (From: Citigroup's website)
Director
Member, Office of the Chairman

 
Robert E. Rubin
44 posted on 07/22/2002 12:02:44 PM PDT by Oldeconomybuyer
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To: The Vast Right Wing
How could he be in charge of something sleazy Oh yeah? The motto during the clinton years was: Push ethics to just a little South of illegality, and follow the example of the Commander in Cheat. If you get caught, ask the law inforcing Intity what IS is. Is is just a mistake, so let's move on.
198 posted on 07/22/2002 1:47:29 PM PDT by desertcry
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To: The Vast Right Wing
Robert Rubin as Vice Chair is it? How could he be in charge of something sleazy?

CNBC reported that Rubin actually came out today in support of Jack Grubman. It takes one to know one.

Richard W.

237 posted on 07/22/2002 3:43:23 PM PDT by arete
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To: The Vast Right Wing
This isn't the same Citi-Group that employ's Robert Rubin as Vice Chair is it?

And a big contributor to Holy Joe Lieberman?

242 posted on 07/22/2002 4:20:50 PM PDT by My2Cents
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