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Citigroup Incorporated

A collection of news and information related to Citigroup Incorporated published by this site and its partners.

Top Citigroup Incorporated Articles

Displaying items 25-36
  • Legg CFO says company might trim laggard funds and reduce office space

    Legg CFO says company might trim laggard funds and reduce office space
    Legg Mason Inc. might eliminate some of its less popular investment funds and some of its 32 offices as it continues to look at ways to operate more efficiently, the chief financial officer of the Baltimore-based money manager said Tuesday. CFO Pete...
  • Part one: Zell's big gamble

    Part one: Zell's big gamble
    Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...
  • Part two: Warning signs

    Part two: Warning signs
    When Bank of America credit officer Dan Petrik and his team sat down in early 2007 to analyze Sam Zell's plan to take control of Tribune Co., their numbers showed that the complex deal failed to meet five of the bank's 10 lending guidelines. There was...
  • Harford County raises nearly $115 million in bond sales Tuesday

    Harford County officials raised nearly $115 million through two bond sales Tuesday to finance new and existing capital projects and to refinance previous bond issues. Officials with the county's Department of the Treasury received eight bids from...
  • Time to break up the biggest Wall Street banks

    Time to break up the biggest Wall Street banks
    TARP, the infamous Troubled Assets Relief Program that bailed out Wall Street in 2008, is finally over. The Treasury Department recently announced it will soon be completing the sale of the remaining shares it owns of the banks and of General Motors....
  • Part four: Bankruptcy Inc.

    Part four: Bankruptcy Inc.
    Somewhere in the third year of Tribune Co.'s marathon Chapter 11 proceeding, U.S. Bankruptcy Judge Kevin Carey looked out at a Delaware courtroom packed with high-priced attorneys and conceded the case had broken down into what he called a...
  • Turner's Westport company files for bankruptcy

    Turner's Westport company files for bankruptcy
    The company affiliated with developer Patrick Turner that was planning to redevelop the waterfront of the Westport neighborhood in southwest Baltimore has filed for bankruptcy. Inner Harbor West LLC, the subject of a Chapter 7 involuntary bankruptcy...
  • Five questions with Vince Talbert

    Five questions with Vince Talbert
    For the last dozen years, Vince Talbert has focused on one thing: Bill Me Later. The 45-year-old Baltimore native co-founded the online payment company with three partners in 2000. The company helps Internet shoppers buy stuff online without a credit...
  • Westport group files $225 million suit against financiers

    Westport group files $225 million suit against financiers
    The developers of the stalled Westport Waterfront filed a $225 million suit in bankruptcy court Wednesday alleging that out-of-state financiers posed as potential investors in the project and then conspired with others to upend development plans....
  • Mortgage settlement gets mixed reviews

    Mortgage settlement gets mixed reviews
    Deatrice S. Besong says it feels like winning the lottery: Her mortgage servicer recently agreed to reduce her loan by $249,000 next year, saving her $300 a month and erasing the debt overhang that has her owing far more than her house is worth. "It's...
  • Mary Love Mezzanotte, lawyer

    Mary Love Mezzanotte, lawyer
    Mary Love Mezzanotte, a registered nurse who later became a lawyer, died Thursdayof liver cancer at her West Friendship home. She was 56. The daughter of a career naval officer and a homemaker, Mary Love Green was born in the Canal Zone in Panama and...
  • Legg Mason's new CEO draws lessons from hockey

    Legg Mason's new CEO draws lessons from hockey
    Raymond "Chip" Mason first met Joseph A. Sullivan over dinner at a Chicago restaurant, where the founder of Legg Mason Inc. interviewed the young bond trading manager for a job with the Baltimore company. A lot of the conversation, Mason recalled, was...