Topic: Citigroup Inc.

SEC enforcement chief cites funding woes

WASHINGTON (Reuters) - The head of enforcement at the Securities and Exchange Commission on Friday defended the agency's record for bringing credit crisis cases and raised concerns about the agency's tight budget.SEC Enforcement Division Director Rob Khuzami told an audience Friday that ...
The S&P 500 Financial Index, reported on Bloomberg. com and its television channel, describes movements in this important sector and financials are a major group in the S&P 500. When the market sold off in May, the index sank over 20% to ...
September 18, 2008On Sunday, Henry Paulson, the Treasury secretary, tried to draw a line in the sand against further bailouts of failing financial institutions; four days later, faced with a crisis spinning out of control, much of Washington appears to have decided ...
US bank Citigroup agreed Thursday to pay a 75-million-dollar fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the Securities and Exchange Commission said.Citigroup "repeatedly made misleading statements in earnings calls and public filings about the extent of ...

Cummins Q2 2010 Earnings Call Transcript

Cummins (CMI) Q2 2010 Earnings Call July 27, 2010 10:00 am ET. During that period, sales in China have increased 99% from the same period last year, while sales in India are up 45% and sales in Brazil have risen 94%. JV ...

Citigroup profit dips but firm still in black

US banking giant Citigroup on Friday said it made a 2.7 billion dollar profit in the second quarter of this year, down nearly 40 percent from the same period last year.Despite the fall, Citi's earnings were enough to beat market expectations and ...

Confidence Counts

The article discusses highlights of the second annual Summer Davos held in China in September 2008. //www.bjreview.com BUSINESS By DING WENLEI The second annual Summer Davos i; Chin; too; plac; a; th; en; o;September amid global panic over th; credi; crunc; o; ...
The Financial Reform Bill, which I've nicknamed The Let's Not Allow Our Largest Donors To Embarrass Us Again Act of 2010, is not a total failure, but it fails miserably to address perhaps the worst part of the crisis - Too Big ...

Recession, bear markets hit the rich, too

NEW YORK (Reuters) - Turns out the rich may not be so different from you and me: They, too, are falling behind on their mortgages.The U.S. housing market crash triggered the 2008 financial crisis and fueled a wave of mortgage defaults and ...
They are never going to get those chocolates.... " CNBC seems to have pulled the video so it's hard to tell the tone, but Cramer put up a list of a dozen stocks to buy but said to wait for a 5% ...
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