Whether it's a totalitarian plot or the city's most heinous aesthetic decision ever, we've heard a lot of reasons why Citi Bike is awful. The New York Post, for example, chose to highlight Citi Bike as "unfair" because the bikes have a loosely enforced weight limit. But grasping, vitriolic bike-shar ... More >>
It's been a rough few weeks for the central administration at New York University. Last Friday, the faculty of NYU's School of Arts and Sciences voted to support a statement of no confidence in President John Sexton and his administration. In the weeks surrounding the votepress attention (including ... More >>
Winter is coming
A couple of Manhattan millionaires were arrested this morning on charges that they ripped off the government to the tune of nearly $200,000 over the past six years by pretending to be poor in order to collect welfare benefits.We're not sure what's more disturbing: the fact that millionaires are alle ... More >>
The city will officially launch its bike share program in July -- and Mayor Bloomberg might actually give one a ride...at least once. But that's only so that if someone asks him how it is, he'll be able to respond. "I will certainly pay and ride one," the mayor told reporters this morning, standin ... More >>
NYU is number one in student debt. But is it really worth it?
Citigroup CEO Vikram Pandit, still unaware of his termination. We got an interesting e-mail this morning from a man in Bayside, Queens. David R. Yale, a 67-year-old consultant, is firing Vikram Pandit, the CEO of Citigroup. Yale mailed a pink slip to Pandit that notifies him of his terminati ... More >>
KickstarterBecause the Occupied Wall Street Journal apparently doesn't fill the print media needs of the movement, n 1 is following up their personals ads with the Occupy! Gazette. According to the project's Kickstarter, n 1 recruited Astra Taylor, the documentary filmmaker who made Zizek! an ... More >>
Jay-Z and Kanye West will follow up their Izod Center performances as The Throne with two shows at Madison Square Garden, November 7 and 8. Tickets go on sale to those people who have an in with Citibank on Wednesday at 10 a.m., and the rest of the world can get tickets on Friday at 10 a.m. ( ... More >>
Garrett was arrested in Citibank's lobby.On Saturday, a group of Occupy Wall Street protestors were arrested in the LaGuardia Place Citibank. Among them was freelance photographer and actor Marshall Garrett. Garrett, who has a bank account with Chase, had originally intended to go to that ban ... More >>
Yesterday, we reported that 24 people were arrested after protesting at a Citibank near Washington Square Park. The above video shows the demonstrators locked inside the branch and police arriving on the scene. Some protesters say they were merely trying to close their accounts, while the police ch ... More >>
About 20 people were arrested this afternoon after entering a Citibank near Washington Square Park. The New York Observer reports that about 20 demonstrators entered the bank on LaGuardia Pl., some with the intention of closing their accounts. Once inside, security is said to have asked them ... More >>
Some Wall Street bankers might need to forsake the glitzy office party for take-out and a movie this year -- TheStreet.com says many of the city's finance firms -- including Morgan Stanley, Bank of America, JP Morgan, Citigroup, and UBS -- are either canceling or keeping "mum" about their par ... More >>
The Village Voice's story of Debrahlee Lorenzana, the banker too hot for her job at Citibank, penned in June by Elizabeth Dwoskin, still has legs. The media went wild for the tale when it broke -- and the pictures didn't hurt -- but months later, after Facebook groups, TV appearances and more ... More >>
The NYPD is asking for the public's assistance identifying a suspect (pictured) wanted in connection with two muggings at ATMs on the West Side of Manhattan this month. At 12:47 p.m. on Friday, September 3, he approached a 27-year-old hispanic woman from behind at the Citibank ATM at 4 Columb ... More >>
Blogs on Friday lit up about a memo handed out to Citibank employees which suggested that female employees needed to act more like men in order to succeed at work.
As the official fashion editors of the Voice, Araceli Cruz and Angela Ashman have a lot to say about what's in, what's out, and what's spot-on for Diddy's White Party. In the occasionally heated, occasionally catty, always fashion savvy back-and-forth that follows, they apply their expertise ... More >>
Melli, a state-owned Iranian bank, has opened its first women-only branch. Why? To "safeguard women's virtue," or at least that's what the bank's (male) director says. Because, you know, Men Women Money = Bad Shit Is Gonna Go Down.
Lorenzana shows one of her many pairs of Uggs on her Facebook page.If you've watched a TV or seen a paper or glanced at a computer this week, there's no way you haven't heard about the hot-hot-hot lady banker who may have been too hot to bank. The whirlwind of responses to Elizabeth Dwoskin's ... More >>
Debrahlee Lorenzana says her no-account bosses fired her over her looks
According to Bloomberg News, Citigroup Inc., which got $45 billion dollars in bailout money from the federal government, will be raising the base salaries of their investment bankers and traders as much as 50%. Citigroup's market value dropped 84% in the past year.
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 >>
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 >>
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 >>
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 >>
We were under the impression Opening Day at Citi Field was sold out, but those sly Mets executives apparently had a plan: leave some seats for the April 13 opener against San Diego for an auction. Bidding for the "Metropolitan Box" seats start at their normal "Platinum" asking price -- $210 -- and ... 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 Cit ... 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 >>
It wasn't your overdue mortgage.
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 >>
Yesterday we mentioned the derisory names some folks want to hang on Citi Field now that Citigroup is a Federal beggar. Well, city councilmembers Vincent Ignizio and James Oddo have made the mockery quasi-official, at least, by publicly suggesting that the new park be renamed Citi/Taxpayer Field. Ev ... More >>
Popular Mets fan board The 'Ropolitans is okay with the fact that Citigroup, recent recipient of a massive Federal bailout, still intends to give the team $400 million for the naming rights to its new stadium. "Think about it in terms of commercials," the blog says. "We (American taxpayers) would ha ... More >>
Publishing and real estate mogul Mort Zuckerman was ubiquitous on MSNBC yesterday: he appeared for a ten-minute stint on Morning Joe and three separate segments of 1600 Pennsylvania Avenue, the network's 6 to 7 p.m. primetime show. Mika Brzezinski, subbing for David Gregory that night and hosting wi ... More >>
You can see how much jam it takes to start a business in New York nowadays from the example of Jessica Stockton Bagnulo, profiled today at Brooklyn Based. At her own blog she writes, "booksellers are tough, and relish a challenge." They better be -- Bagnulo, who's been in the bookselling game for ei ... 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?
Hey, Mets fan, spare a few dimes?
James Scurlock's debt doc not worth price of admission
Narco News Ready for Libel Suit in New York
Students Challenge Citigroups Hand in Bad Lending and Environmental Devastation