Bloomberg’s long-standing Freedom of Information Act request for a look at who in the financial system took part in the Fed’s now-secret $2 trillion loan program has been granted by a second court on the basis that there exists no exemption to FOIA rules for the continued economic More…
With the news that Citibank screens some of its clients for “objectionable content” — and applies that screening process to gay-themed businesses — many LGBT business people and Citi customers are probably wondering where their business is truly welcome. Luckily, Jeremy Quitner of The Advocate has More…
Although Citibank has restored access to Fabulis CEO Jason Goldberg’s accounts and apologized for attempting to sever their business relationship with his company over its “objectionable” content (because a social networking site for gay men is inherently objectionable) Citibank also admitted that it’s company More…
When Congress passed rules to reign in the most usurious of credit card practices, many Americans cheered. When Congress moved up the deadline for companies to comply with the rules because credit card issuers began raising rates in an effort to squeeze as much cash out of strapped Americans before More…
Since the financial industry bailouts began, Wall Street and Washington have never looked closer. But as the recession deepens and banks grow to resent the stigma associated with taxpayer aid, an unexpected chill is occurring: Bank employees are slamming their checkbooks shut.
Individual executives and workers at the 10 More…
Former Defense Secretary Donald Rumsfeld once observed that if you can’t solve a problem, enlarge it. In that spirit, take a look at this press conference in Baghdad Sunday, and watch as U.S. Embassy spokesman Adam Ereli boasts about sending Citibank to Iraq:
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