Citigroup to Shed Nearly $500 Bil. in Assets NEW YORK | Citigroup Inc.'s new chief executive, Vikram Pandit, plans to stick with a global banking model after months of intense review - but only after shrinking the company
Stocks Recover Amid Signs of Stability Wall Street extended its recovery from last week's big plunge, rising Thursday after several stable sessions helped buttress investor sentiment and allay some concerns about the economy.Commentread more...
Canton man sentenced in mortgage scheme case (Detroit Free Press) A 40-year-old man who lived on Social Security disability checks was sentenced Wednesday to 4 1/2 years in prison for conning three banks into lending him $3.8 million in a
Sundays Forex Daily Update For 29th January 2006 Should India spend its forex reserves? If there is a crisis, neither the higher growth nor the lower financial costs would be of much use.read more...
Contracting in times of inflation THE economic phenomenon of multiple-digit inflation that is besetting Zimbabwe has important ramifications in the legal system.via
Greenspan Says Forcing Lenders To Alter Terms Would 'Tax' Economy Simply giving struggling homeowners money would be less damaging to the economy than compelling lenders to alter mortgage contracts, says former Federal Reserve Chairman Alan Greenspan.
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Employers can minimize the downside of bonuses—such as job hopping and higher labor costs—by taking a broader approach to overall retention.
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