Unconfirmed reports say Citigroup is close to selling $12 billion in loans, at a sizable loss, that it wants to get off its books.
How much are bad loans worth and why would anyone buy them? Bob Moon reports.
Wall Street's toxic asset tricks
Banks continue to bundle loans and sell them off as they work to figure out their toxic asset situation. Kai Ryssdal talks with Bob Moon about how Wall Street is still up to its old tricks.
Banks up to old tricks with salary raises
Bank of America and Citigroup are mulling raising the base pay for investment bankers in response to lost income over bonus limitations. Bob Moon reports.
Citi to buy back $7 billion in bonds
After some nudging by authorities, Citigroup says it'll buy back billions of dollars worth of auction-rate securities to settle accusations of fraudulent sales. Bob Moon reports.
Canon Speedlite 220EX for Canon Pro1, Pro 90, G...
Dedicated electronic flash with fully automatic operation for Canon EOS-Elan, Rebel G Flash confirmation lamp (after firing) Save Energy (SE) feature Powered by AA-size batteries (250 to 1700...
Nikon D90 Digital SLR Camera with 18-105mm AF-S DX VR...
Kit Includes: ♦ 1) Nikon D90 Digital SLR Camera Body ♦ 2) Nikon 18-105mm Lens [Outfit] ♦ 3) Nikon MB-D80 Grip Multi Power Battery Pack ♦ 4) Transcend 8GB HC SecureDigital Class 6...
Post new comment