Tag:
Peter Orszag
Latest Headlines
Latest Headlines
Citigroup nixes speaker for jokes about women
Citigroup ( NYSE: C ) has nixed TV personality and author Ben Stein as a keynote speaker at a May 17 event the bank is hosting in New York for pension and endowment funds, Bloomberg reports. The reason seems to be some jokes about women that Stein told at a private equity conference in March
Blame game at Citi continues
The blame game continues at Citi, and it's a bit uncomfortable. The latest is that Robert Rubin, the board consigliore at Citi, is being forced to deny culpability for the colossal mess that is Citi. Rubin, however, has acknowledged that he was involved in a board decision to boost risk-taking in
Big unintended consequence: Worsening crisis?
For all the talk of the necessity of the Henry Paulson-proposed bailout plan, there are lots of questions about it, including this very big one: Will it actually worsen the crisis? It assumes, to some degree, that assets are being valued at something close to fair value on the books. But that may
