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dandare / Commented

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Citigroup swings to loss on $18.1 billion charge; cuts payout 41%

Posted by alanwellspun 310 days ago (http://www.marketwatch.com) View profile
Category: business | Tags: citigroup writedowns cdo credit crunch

Citigroup reports reports its first quarterly loss since 1998. reveals writedowns due to subprime losses of $18.1 billion.
CEO Vikram Pandit said " read more »
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US Federal Reserve’s subprime regulations shield Wall Street banks

Posted by alanwellspun 335 days ago (http://www.wsws.org) View profile
Category: business | Tags: subprime fed regulation banks

Fed,Congress and agencies didn't regulate mortgage lending since they were "beholden" to the financial elite. read more »
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