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Quotes of the day

Flashover. “The Federal Reserve and other major central banks moved on Wednesday to help foreign banks more easily borrow and lend money, seeking to forestall a breakdown of global financial markets...

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Loreley Financing v. Citigroup Global Markets | Citigroup Sued for Fraud Over...

Citigroup sued for fraud over $1 billion of CDOs (Reuters) — Citigroup Inc (C.N) was sued for fraud by Loreley Financing over nearly $1 billion worth of collateralized debt obligations purchased in...

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FINRA Fines Citigroup Global Markets $3.5 Million for Providing Inaccurate...

FINRA Fines Citigroup Global Markets $3.5 Million for Providing Inaccurate Performance Data Related to Subprime Securitizations WASHINGTON — The Financial Industry Regulatory Authority (FINRA)...

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Whistleblower Who Couldn’t Be Intimidated By Citigroup Wins $31 Million

Woman Who Couldn’t Be Intimidated by Citigroup Wins $31 Million Sherry Hunt never expected to be a senior manager at a Wall Street bank. She was a country girl, raised in rural Michigan by a dad who...

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Iraq oil exports surging

Dick Cheney hardest hit Here’s a headline you probably didn’t see coming: Oil Output Soars as Iraq Retools Despite sectarian bombings and political gridlock, Iraq’s crude oil production is soaring,...

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