Topic “Banking and Loans”

Concerns about corporate tax dodging

January 4, 2010

Governments around the globe are reviewing corporate tax returns much more closely these days. At a time when public budgets are tighter than ever, the New York Times reports that government officials worry that multinationals may be gaming the system:

Are Flu Shots Like Bonuses Now? Really?

November 13, 2009

The blowback from reports that the Center for Disease Control prioritized H1N1 vaccinations for Goldman Sachs ahead of schools and hospitals continues. Last weekend, Saturday Night Live took on Wall Street over the scandal. We couldn’t have said it better ourselves…

Watch the SNL video.

After Receiving Billions in Bailout Funds, Citigroup Will Limit Lending to the Wealthy

September 24, 2009

You would think that after receiving billions of dollars in taxpayer bailout funds banks would be show the American people its appreciation. But, if you’re thinking Citigroup, you’d be wrong.

Huffington Post has the scoop:

Citigroup, which has received $45 billion in TARP funds -- in addition to billions in government asset guarantees -- has come up with a brash tax-payer funded restructuring plan: cut U.S. locations and limit most lending to only the wealthy.