Posts Tagged ‘Citigroup’

  • Soldier challenges Citibank for changing terms of student loan Tuesday, February 22, 2011 � by jg

    Minneapolis StarTribune: A member of the Minnesota National Guard who has served in Iraq has filed a lawsuit against Citibank, challenging its “mandatory forbearance” policy for student loans being repaid by military personnel.

  • Citigroup to pay $75 million for failing to disclose subprime mortgage holdings Thursday, July 29, 2010 � by jg

    New York Times: Two Citi executives were also fined a total of $180,000 for dealings in 2007.

  • Bailout: Citigroup gives with one hand and grabs with the other Wednesday, December 16, 2009 � by eric

    Washington Post: Binyamin Appelbaum reports that the federal government quietly agreed to forgo billions of dollars in potential tax payments from Citigroup as part of the deal announced this week to wean the company from the massive taxpayer bailout that helped it survive the financial crisis.

  • Bowed but far from broken, big banks still hold sway Monday, November 16, 2009 � by eric

    Financial institutions, including several banks that received taxpayer bailouts, spent almost $4.01 million on lobbying in Sacramento in the first three quarters of the year as they sought to blunt legislation to rein them in. The industry successfully blunted and blocked several bills intended to provide consumer protections and halt abuses that led to the worst recession since the Great Depression.