Well jock seems someone is lieing.
Didn't C just award Pandit 41 million for doing an excellent JOB?
Who's telling the truth and who is lieing?
C down -32.64% since their 10 old for 1 new and improved share reverse split.
Or was that reverse split just another accounting trick!
C down -4.65% in after hours.
Dismantle the company and prosecute the thugs running the scam.
The Shareholders Foundation, Inc. announces that a lawsuit was filed by an investor in Citigroup Inc. (C) against the directors of Citigroup for awarding more than $54 million of compensation in 2011 to certain top executives, including an almost $15 million pay to its CEO.
Investors who purchased shares of Citigroup Inc. (C) and currently hold any of those Citigroup shares, have certain options and should contact the Shareholders Foundation, Inc. by e-mail at mail@shareholdersfoundation.com or call +1 (858) 779-1554.
The plaintiff alleges that certain executives and directors of Citigroup received generous salaries while Citigroup's performance did not necessarily justify it and while its stock fell by more than 44%. The plaintiff claims that the board of directors spent funds in an unwarranted and excessive manner on compensation packages for its executives.
In fact, Citigroup's CEO received in 2010 a symbolic $1 and in 2009 $128,741. In 2011 he was paid total compensation of more than $14.9 million. A raise of 1,499,999,900% over his 2010 compensation, so the plaintiff
Citigroup shareholders voted to reject Citigroup's executive compensation plan, which included approving the CEO's $15 million pay package, at the annual meeting on April 17, 2012.
The plaintiff says that vote has cast doubt on the board's decision-making process, as well as the accuracy and truthfulness of its public statements and absent this lawsuit, the majority will of the company's stockholders shall be rendered meaningless.
NYSE:C shares closed on April 20, 2012, at $33.89 per share, down from its current 52week High of $46.00 per share.
Those who are current investors in Citigroup shares, have certain options and should contact the Shareholders Foundation, Inc. by e-mail at mail@shareholdersfoundation.com or call +1 (858) 779-1554.
to Newton GetRich. I suspect there is some bad blood since Paul has an annual congressional salary of $1.00, and GetRich has legally snubbed his nose at the laws that would put normal working Americans behind bars for years.
It's all about who you know...... and what they need to know!
MF Global, ie John Corzine, will successfully and legally transfer 1.6 billion from their customers accounts to his own off shore accounts through JP Morgan.
We didn't learn anything from Merrill Lynch, AIG, and Lehman!
Same old, same old........
They have all the resources to smooth the #'s....so no news here.
It only took the SEC 3 months to arrest Bernie Madoff after he turned himself in. What's the definition of immediately?
Bonuses Dip on Wall St., but Far Less Than Earnings
By KEVIN ROOSE
It is apparently going to take more than shrinking bank profits to put a big dent in Wall Street bonuses.
The total payout to security industry workers in New York is forecast to drop only 14 percent during this bonus season, according to a report issued on Wednesday by the state comptroller, Thomas P. DiNapoli. By comparison, profits last year plunged 51 percent.
It is apparently going to take more than shrinking bank profits to put a big dent in Wall Street bonuses.
The total payout to security industry workers in New York is forecast to drop only 14 percent during this bonus season, according to a report issued on Wednesday by the state comptroller, Thomas P. DiNapoli. By comparison, profits last year plunged 51 percent.
It's just a matter of time before the commitments to pensions can't keep up with the obligations. How much of those contributions were siphoned off by those multi million dollar bankers salaries will have to come to an end, just like those CDO's that the bankers bundled up and sold two or three times.
Another AAPL headline....same subject....different SPIN
Foxconn Plans to Lift Pay Sharply at Factories in China
BEIJING — Foxconn Technology, one of the biggest manufacturers of products for Apple, Dell, Hewlett-Packard and other electronics companies, said Saturday that it would sharply raise worker salaries at its Chinese factories.
Foxconn said that salaries for many workers would immediately jump by 16 to 25 percent, to about $400 a month, before overtime.
The company also said it would reduce overtime hours at its factories.
Labor rights groups say that over the years, many Foxconn plants have violated Chinese labor laws by pushing workers to endure excessive amounts of overtime.
Criticism has grown over working conditions at several Apple suppliers in China, including Foxconn, which employs more than one million workers to assemble some of the world’s most popular devices.
Apple announced last Monday that the Fair Labor Association, a nonprofit group, would provide independent audits of its supplier factories in China and elsewhere. Apple said the group’s findings would be made public. The association began inspecting Foxconn operations in China this week.
More phony headlines that give people the need to learn when and why to read between the lines!
Jump on FT!
Early Praise in Inspection at Foxconn Brings Doubt
By STEVEN GREENHOUSE
Published: February 16, 2012
The president of a nonprofit group hired by Apple to inspect its suppliers’ factories has begun praising the Chinese plants of Foxconn, Apple’s largest supplier, just days after his group began inspections there.
According to reports by several news organizations, Auret van Heerden, president of the Fair Labor Association, said Foxconn’s “facilities are first-class” and “Foxconn is really not a sweatshop.”
Mr. van Heerden’s apparent praise of conditions at Foxconn came despite previous reports of employees committing suicide, dying in factory explosions and complaining of sometimes working more than 70 hours a week.
Ron
Those 60 forensic accountants and 30 lawyers have been working on the money trail for 3 months now!
It takes a long time to cover up the tracks when the rich are guilty of an organized crime.
We all know the outcome...not one indictment, not one arrest, not one conviction. HA!
Morgan Stanley (MS) will lead the initial public offering for Facebook, which is expected to file plans to go public today, four sources told Bloomberg. Other banks, including Goldman Sachs (GS) and JPMorgan Chase (JPM) and Bank of America (BAC) will also get a piece of the pie, but it appears that MS will get the largest piece.
Morgan Stanley shares rose 5.5% in midday trading.
It’s a big win for the bank, which won the biggest share of Internet IPO’s last year. The Facebook deal could generate as much as $500 million for the investment banks.
You don't have to like him, nor do you have to love him.
At the end of the day Romney will be your next President.
Those touch-screens are being calibrated to vote "Romney" as of today.
New York Times
After a hurricane, homeowners check nervously to see if their insurance will cover all of the damage. With the European financial crisis still threatening a trail of defaults, United States banks are betting that their insurance is going to pay out.
Five large American banks, including JPMorgan Chase and Goldman Sachs, have more than $80 billion of exposure to Italy, Spain, Portugal, Ireland and Greece, the most economically stressed nations in the euro currency zone, according to a New York Times analysis of the banks’ financial disclosures.
But these banks have made extensive use of a type of financial insurance, credit-default swaps, to help them offset any losses that might occur if defaults swamped the five troubled nations.
Using these swaps, along with other measures, the five banks have cut their theoretical exposure to the troubled countries by $30 billion, to $50 billion. The analysis also shows that Citigroup has the greatest percentage of its exposure potentially protected, at 47 percent, while Bank of America has bought the least protection, at 12 percent.
Well jock seems someone is lieing.
Didn't C just award Pandit 41 million for doing an excellent JOB?
Who's telling the truth and who is lieing?
C down -32.64% since their 10 old for 1 new and improved share reverse split.
Or was that reverse split just another accounting trick!
C down -4.65% in after hours.
Dismantle the company and prosecute the thugs running the scam.
The Shareholders Foundation, Inc. announces that a lawsuit was filed by an investor in Citigroup Inc. (C) against the directors of Citigroup for awarding more than $54 million of compensation in 2011 to certain top executives, including an almost $15 million pay to its CEO.
Investors who purchased shares of Citigroup Inc. (C) and currently hold any of those Citigroup shares, have certain options and should contact the Shareholders Foundation, Inc. by e-mail at mail@shareholdersfoundation.com or call +1 (858) 779-1554.
The plaintiff alleges that certain executives and directors of Citigroup received generous salaries while Citigroup's performance did not necessarily justify it and while its stock fell by more than 44%. The plaintiff claims that the board of directors spent funds in an unwarranted and excessive manner on compensation packages for its executives.
In fact, Citigroup's CEO received in 2010 a symbolic $1 and in 2009 $128,741. In 2011 he was paid total compensation of more than $14.9 million. A raise of 1,499,999,900% over his 2010 compensation, so the plaintiff
Citigroup shareholders voted to reject Citigroup's executive compensation plan, which included approving the CEO's $15 million pay package, at the annual meeting on April 17, 2012.
The plaintiff says that vote has cast doubt on the board's decision-making process, as well as the accuracy and truthfulness of its public statements and absent this lawsuit, the majority will of the company's stockholders shall be rendered meaningless.
NYSE:C shares closed on April 20, 2012, at $33.89 per share, down from its current 52week High of $46.00 per share.
Those who are current investors in Citigroup shares, have certain options and should contact the Shareholders Foundation, Inc. by e-mail at mail@shareholdersfoundation.com or call +1 (858) 779-1554.
to Newton GetRich. I suspect there is some bad blood since Paul has an annual congressional salary of $1.00, and GetRich has legally snubbed his nose at the laws that would put normal working Americans behind bars for years.
It's all about who you know...... and what they need to know!
http://www.youtube.com/watch?v=oLEGiHzlIgw
c down 3.5% in afterhours trade.
There will be some damage control headlines by morning.
MF Global, ie John Corzine, will successfully and legally transfer 1.6 billion from their customers accounts to his own off shore accounts through JP Morgan.
We didn't learn anything from Merrill Lynch, AIG, and Lehman!
Same old, same old........
http://www.youtube.com/watch?v=V0SvosEGQFM
They have all the resources to smooth the #'s....so no news here.
It only took the SEC 3 months to arrest Bernie Madoff after he turned himself in. What's the definition of immediately?
The Greeks need to pass that bill. Killing those people isn't working.
Bonuses Dip on Wall St., but Far Less Than Earnings
By KEVIN ROOSE
It is apparently going to take more than shrinking bank profits to put a big dent in Wall Street bonuses.
The total payout to security industry workers in New York is forecast to drop only 14 percent during this bonus season, according to a report issued on Wednesday by the state comptroller, Thomas P. DiNapoli. By comparison, profits last year plunged 51 percent.
It is apparently going to take more than shrinking bank profits to put a big dent in Wall Street bonuses.
The total payout to security industry workers in New York is forecast to drop only 14 percent during this bonus season, according to a report issued on Wednesday by the state comptroller, Thomas P. DiNapoli. By comparison, profits last year plunged 51 percent.
http://dealbook.nytimes.com/2012/02/29/as-bank-pro...
Are your personal photos the next best thing to apple pie?
http://bits.blogs.nytimes.com/2012/02/28/tk-ios-gi...
It's just a matter of time before the commitments to pensions can't keep up with the obligations. How much of those contributions were siphoned off by those multi million dollar bankers salaries will have to come to an end, just like those CDO's that the bankers bundled up and sold two or three times.
http://www.nytimes.com/2012/02/28/nyregion/to-pay-...
Another AAPL headline....same subject....different SPIN
Foxconn Plans to Lift Pay Sharply at Factories in China
BEIJING — Foxconn Technology, one of the biggest manufacturers of products for Apple, Dell, Hewlett-Packard and other electronics companies, said Saturday that it would sharply raise worker salaries at its Chinese factories.
Foxconn said that salaries for many workers would immediately jump by 16 to 25 percent, to about $400 a month, before overtime.
The company also said it would reduce overtime hours at its factories.
Labor rights groups say that over the years, many Foxconn plants have violated Chinese labor laws by pushing workers to endure excessive amounts of overtime.
Criticism has grown over working conditions at several Apple suppliers in China, including Foxconn, which employs more than one million workers to assemble some of the world’s most popular devices.
Apple announced last Monday that the Fair Labor Association, a nonprofit group, would provide independent audits of its supplier factories in China and elsewhere. Apple said the group’s findings would be made public. The association began inspecting Foxconn operations in China this week.
http://www.nytimes.com/2012/02/19/technology/foxco...
More phony headlines that give people the need to learn when and why to read between the lines!
Jump on FT!
Early Praise in Inspection at Foxconn Brings Doubt
By STEVEN GREENHOUSE
Published: February 16, 2012
The president of a nonprofit group hired by Apple to inspect its suppliers’ factories has begun praising the Chinese plants of Foxconn, Apple’s largest supplier, just days after his group began inspections there.
According to reports by several news organizations, Auret van Heerden, president of the Fair Labor Association, said Foxconn’s “facilities are first-class” and “Foxconn is really not a sweatshop.”
Mr. van Heerden’s apparent praise of conditions at Foxconn came despite previous reports of employees committing suicide, dying in factory explosions and complaining of sometimes working more than 70 hours a week.
http://www.nytimes.com/2012/02/17/business/early-p...
try this one jack....you can see the bursting of the tech bubble
http://finance.yahoo.com/echarts?s=%5EGSPC+Interactive#chart1:symbol=^gspc;range=my;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined
But....does it really matter who is pre-elected president anymore?
http://www.examiner.com/independent-in-national/pa...
Ron
Those 60 forensic accountants and 30 lawyers have been working on the money trail for 3 months now!
It takes a long time to cover up the tracks when the rich are guilty of an organized crime.
We all know the outcome...not one indictment, not one arrest, not one conviction. HA!
Morgan Stanley (MS) will lead the initial public offering for Facebook, which is expected to file plans to go public today, four sources told Bloomberg. Other banks, including Goldman Sachs (GS) and JPMorgan Chase (JPM) and Bank of America (BAC) will also get a piece of the pie, but it appears that MS will get the largest piece.
Morgan Stanley shares rose 5.5% in midday trading.
It’s a big win for the bank, which won the biggest share of Internet IPO’s last year. The Facebook deal could generate as much as $500 million for the investment banks.
You don't have to like him, nor do you have to love him.
At the end of the day Romney will be your next President.
Those touch-screens are being calibrated to vote "Romney" as of today.
http://www.nytimes.com/2012/02/01/us/politics/romn...
New York Times
After a hurricane, homeowners check nervously to see if their insurance will cover all of the damage. With the European financial crisis still threatening a trail of defaults, United States banks are betting that their insurance is going to pay out.
Five large American banks, including JPMorgan Chase and Goldman Sachs, have more than $80 billion of exposure to Italy, Spain, Portugal, Ireland and Greece, the most economically stressed nations in the euro currency zone, according to a New York Times analysis of the banks’ financial disclosures.
But these banks have made extensive use of a type of financial insurance, credit-default swaps, to help them offset any losses that might occur if defaults swamped the five troubled nations.
Using these swaps, along with other measures, the five banks have cut their theoretical exposure to the troubled countries by $30 billion, to $50 billion. The analysis also shows that Citigroup has the greatest percentage of its exposure potentially protected, at 47 percent, while Bank of America has bought the least protection, at 12 percent.
http://dealbook.nytimes.com/2012/01/29/u-s-banks-t...
Citigroup Raised To Buy From Neutral By Goldman Sachs >C
Jan 30, 2012 09:16:13 (ET)
(END) Dow Jones Newswires
Is facebook secure or not?
Every week there is another article on the security breaches on facebook.
http://www.bbc.co.uk/news/technology-16755434