Tag Archive for Citigroup

In Greek crisis Sallie Krawcheck sees flashback to ‘07- Reuters TV | Video – Reuters

U.S. banks may have very little exposure to the troubles in Greece, but these same banks claimed very little exposure to subprime mortgages on the eve of financial crisis, says Sallie Krawcheck. The former Bank of America and Citigroup executive says all it takes is one financial institution to start wobbling and credit markets could…

Debt crisis: Europe’s democracies must not subcontract their destiny to the Bundebank -Evans-Pritchard, Telegraph

By Ambrose Evans-Pritchard Europe has lit the fuse on an economic and financial bomb. The rescue package for Spain cannot plausibly be contained to €100bn once it begins, given the subordination of private creditors and collapse of global confidence in the governing structure of monetary union. Follow the money. Find the profits!Liquidity is money. Regardless of where…