When the New York Post revealed that CitiGroup, recipients of $45 billion in public largesse, had ordered a $50 million corporate jet ("JUST PLANE DESPICABLE"), reaction was swift and brutal. The Times noticed that Barney Frank had removed a TARP provision that would have prevented such a purchase. ... More >>
The Wall Street Journal says that Citigroup is looking at forfeiting their naming rights to the new Mets ballpark. Citigroup claims not to be using their TARP funds from the federal government to pay for putting the name "Citifield" on the park -- just as they said the corporate jet they recently ha ... More >>
In what's obviously a P.R. move, Citigroup says it's looking into pulling out of a $400 million marketing deal with the New York Mets. Here's the current situation: Citigroup is supposedly on the hook to pay $400 million to the Mets for the naming rights to the unwarranted new stadium. Meanwhile, ... More >>
Given that construction of the Mets' new stadium began under a cloud of controversy about its name, it's probably fitting that that's all anyone can talk about as its first Opening Day approaches. So far, we've had Congressmen and newspaper columnists demanding that the Treasury Department force C ... More >>
Harkavy Plans are moving apace to purposely set up a "toxic bank" full of poisonous assets to further bail out those banks that had greedily and recklessly accumulated them. Call it Shitibank. And give it the naming rights to the new baseball stadium for the New York Mets, taking the moniker awa ... More >>
HARKAVY is now blogging at The Smart AssetYour Friday New York headlines...Fishy outcome: Actors' union buys Jeremy Piven's sob story, won't penalize him for ditching play over 'mercury poisoning.'U.S. to buy up to 40 percent stake in Citigroup, just keeping it private, in desperate move to keep it ... More >>
HARKAVY is now blogging at The Smart AssetYour Friday New York headlines...Fishy outcome: Actors' union buys Jeremy Piven's sob story, won't penalize him for ditching play over 'mercury poisoning.'U.S. to buy up to 40 percent stake in Citigroup, just keeping it private, in desperate move to keep it ... More >>
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?
Everyday heroes in shining choreographic armor
It wasn't your overdue mortgage.
It wasn't your overdue mortgage.
Fuck mortgage-backed securities, default credit swaps, AIG, Fanny Mae, Freddy Mac, Alan Greenspan, George W. Bush, Citigroup, Chrysler, Washington Mutual, Bernie Madoff, Sir Allen Stanford, Henry Paulson, Timothy Geithner, suicide loans, TARP, GM, Wells Fargo, Jerome Kerviel, al-Qaeda, Iran, Osama b ... More >>
The results of Obama's stress test on the banks, for which 150 government agencies examined TARP-funded U.S. financial institutions to determine their states of health, are in. The bad news first: 10 of the 19 banks examined will need to raise $75 billion in additional capital to be deemed sufficien ... More >>
The House of Representatives is investigating five Democratic members for accepting "improper" travel arrangements, and our own Charlie Rangel made the cut. The Carib News Foundation sponsors an annual Multinational Business Conference on Caribbean affairs, and is said to have flown the lawmakers in ... More >>
The House of Representatives is investigating five Democratic members for accepting "improper" travel arrangements, and our own Charlie Rangel made the cut. The Carib News Foundation sponsors an annual Multinational Business Conference on Caribbean affairs, and is said to have flown the lawmakers in ... More >>
As part of Mayor Bloomberg's H1N1 flu plan for NYC, the Board of Health has opened vaccination centers this weekend in all five boroughs for middle school and high school students. Elementary school students above four years of age are also eligible for the free shots. Fifty private compani ... More >>
The parties are over, and Monday it was back to work -- at bank-robbing, for some folks. The man at left robbed the Chase at 2824 Broadway around 11:40 a.m. Monday. He's described as 35, 5'10", 180 pounds, glasses and a goatee, wearing a black ski hat, brown or burgandy jacket, grey hoodi ... More >>
This guy is suspected of bank robbery at 2350 Broadway (between 85th and 86th) on the Upper West Side. At 2:06 p.m., January 20 (Wednesday), he entered a Citibank branch, passed a note demanding money, got an unknown amount, and fled on foot. No one was injured. He's described as 30 to 40 years old ... More >>
