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Monday September 29th

Citi CEO: Bank to keep strong presence in Charlotte 20339

http://charlotte.bizjournals.com/charlotte/stories/2008/09/29/daily10.html?ana=y...

by oblio Mon Sep 29th, 2008 1:14pm (from #bor) [score: 79 | approval: 31%]

Citi CEO: Bank to keep strong presence in Charlotte

Chief Executive Vikram Pandit says he intends to maintain a strong presence in Charlotte now that the company has agreed to buy the banking assets of Wachovia Corp. for $2.1 billion. Pandit says he intends to fold Citis retail banking operations into Wachovias and base that business here. More →

banks, citi

0 comments

Friday September 26th

Are Wachovia Bank and Ambac next to fail? 20292

http://www.financemarkets.co.uk/2008/09/26/are-wachovia-bank-and-ambac-next-to-f...

by oweff Fri Sep 26th, 2008 3:23pm (from #bor) [score: 67 | approval: 36%]

Are Wachovia Bank and Ambac next to fail?

While Washington Mutual had exposure of $56 billion in ALT-A mortgages, Wachovia has exposure to over $160 billion in the same market. More →

yes

bailout, banks, fail, snews, wachovia

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Tuesday January 17th 2006

PETRO-DOLLAR & PROTECTION RACKET 6239

http://www.gold-eagle.com/editorials_05/willie040505.html

by oblio Tue Jan 17th, 2006 3:09pm (from #bor) [score: 654 | approval: 0%]

The term "Petro-Dollar" has been bandied about for years. In my travels, much has been mentioned in indirect terms about it, with assumptions of its nature and structural significance. It is mentioned often carelessly when talking about crude oil and its Persian Gulf sales. Yet little is written on the topic, and little is easily found to read and learn. A recent radio show with Al Korelin delved into this subject, although we only scratched its surface to More →