Citigroup CEO May Resign
Friday November 2, 6:52 pm ET
Report: Citigroup CEO Will Offer to Resign Sunday; Board Expected to Hold Emergency Meeting
NEW YORK (AP) — Citigroup Inc.’s board plans an emergency meeting on Sunday, and Chief Executive Charles Prince is expected to offer to resign, according to the Wall Street Journal.
The Journal cited people familiar with the situation…..
Merrill Lynch CEO was fired last week. If the cancer spreads to BofA, JPM … I can forsee a major run away from US $. That will jack up mortgage rates, if they can be obtained at all. Time to open the books and study Russia, Brazil, Argentina cases. Capital flight is painful. Very painful.
BSR when it is all said and done and all the dust settles the entire debacle of CDO’s and such, basically selling debt at a much higher value then what it was worth will make the corruption of the Enrons, Tycos and such look like childs play.
BSR when it is all said and done and all the dust settles the entire debacle of CDO’s and such, basically selling debt at a much higher value then what it was worth will make the corruption of the Enrons, Tycos and such look like childs play.
BSR when it is all said and done and all the dust settles the entire debacle of CDO’s and such, basically selling debt at a much higher value then what it was worth will make the corruption of the Enrons, Tycos and such look like childs play.
BSR when it is all said and done and all the dust settles the entire debacle of CDO’s and such, basically selling debt at a much higher value then what it was worth will make the corruption of the Enrons, Tycos and such look like childs play.
Yes; If any of the major $ denominated asset holders lose their nerve now, it can be all over very fast. We can easily see a 50% devaluation and interest rates above 10% in less than a year. Things can get much uglier than mere recession when faith in currency is lost.
Yes; If any of the major $ denominated asset holders lose their nerve now, it can be all over very fast. We can easily see a 50% devaluation and interest rates above 10% in less than a year. Things can get much uglier than mere recession when faith in currency is lost.
Yes; If any of the major $ denominated asset holders lose their nerve now, it can be all over very fast. We can easily see a 50% devaluation and interest rates above 10% in less than a year. Things can get much uglier than mere recession when faith in currency is lost.
Yes; If any of the major $ denominated asset holders lose their nerve now, it can be all over very fast. We can easily see a 50% devaluation and interest rates above 10% in less than a year. Things can get much uglier than mere recession when faith in currency is lost.
Yeah very tuff when you screw up which accounts for recording breaking losses and receive a million dollar settlement. This is why I’m trying to screw up in my current position and in a month I will ask for a 5 year’s salary package to get rid of me!
Yeah very tuff when you screw up which accounts for recording breaking losses and receive a million dollar settlement. This is why I’m trying to screw up in my current position and in a month I will ask for a 5 year’s salary package to get rid of me!
