The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area. [More]
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3/27/2008
Citigroup Coughs up $1.7 billion to Close Out Enron Liability
It Ain't Easy Being Citigroup, or How to Subvert a Corporate Ethics Regime Without Really Trying
Citigroup Facing Scrutiny over Accounting for Associates First Capital
Citigroup Coughs up $1.7 billion to Close Out Enron Liability
Ok, so it was 1.66 million but when the numbers get that high, who's counting.
-- MDT
7/11/2007
-- MDT
Labels: Citigroup, Enron, settlement
It Ain't Easy Being Citigroup, or How to Subvert a Corporate Ethics Regime Without Really Trying
Typical interesting content from the Ethical Corporation - in this case, an excerpt from Avinash Persaud and John Plender's All You Need to Know About Ethics and Finance.
Wanna read the whole thing...get it here.
-- MDT
2/26/2007
Wanna read the whole thing...get it here.
-- MDT
Labels: business ethics, Citigroup
Citigroup Facing Scrutiny over Accounting for Associates First Capital
Megabank, Citigroup, purchased sub-prime lender, Associates First Capital in 2000 for a little over $31 billion. The SEC, it seems, is quite interested in examining Citigroup's accounting practices when it comes to accounting for AFC's tax reserves and releases. Citigroup/AFC also remains under the gun in a long running investigation into the firm's (potentially abusive) lending practices.
-- MDT
-- MDT
Labels: Associates First Capital, Citigroup, SEC
1 Comments.
Did the Office of Risk Assessment identify the sub-prime crisis as a problem?
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