Archive for the ‘citigroup’ tag

Citigroup is ridiculous for terminating this banker “because of her looks”

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In many ways, the story of her life has been about getting attention from men—both the wanted and the unwanted kind. But when she got fired last summer from her job as a banker at a Citibank branch in Midtown—her bosses cited her work performance—she got even hotter. She sued Citigroup, claiming that she was fired solely because her bosses thought she was too hot.

via Is This Woman Too Hot To Be a Banker? – Page 1 – News – New York – Village Voice.

Honestly, I don’t know why anyone would want to be a banker, but being very attractive should not hinder you from being gainfully employed by a banking corporation.

Interviews and her lawsuit, which was filed in November 2009, tell her story: Fisher and another manager, Peter Claibourne, started making offhanded comments about her appearance, she says. She was told not to wear fitted business suits. She should wear makeup because she looked sickly without it. (She had purposefully stopped wearing makeup in hopes of attracting less attention.) Once, she recalls, she came in to work without having blow-dried her hair straight—it is naturally curly—and Fisher told a female colleague to pass on a message that she shouldn’t come into work without straightening it.

From what I read Peter Claibourne and Craig Fisher are unfit to be managers anywhere. They bring shame to themselves.

Written by Jason Gooljar

June 2nd, 2010 at 3:39 pm

Citigroup CEO Vikram Pandit caught in lie

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Well Vikram Panidt lied to Congress what does that mean? Are there any consequences for lying to Congress?

"Citigroup Chief Executive Vikram Pandit received nearly $11 million of compensation in 2008. A month earlier, he testified to Congress that his compensation for 2008 was just $1 million."My compensation for the year 2008 was my salary, which was $1 million," he told the House Committee on Financial Services on February 11, failing to mention his sign-on and retention awards, as well as stock and option awards."

There’s more to read on Huffington Post.

Written by Jason Gooljar

March 16th, 2009 at 10:03 pm

Posted in Corporatism

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Great seeing Rep. Grayson rake Citigroup CEO over the coals

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If only he could have had more time.

Written by Jason Gooljar

February 13th, 2009 at 9:39 pm

Posted in Corporatism

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Don’t open accounts with JPMorgan Chase, Citigroup and Wells Fargo

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So even after they were bailed out with all of that tax-payer money they refuse to lend.

While inter-bank lending rates have fallen since Congress approved the $700 billion Troubled Asset Relief Program on Oct. 3, most bank lending to consumers remains tight and interest rates high. The average credit-card rate was 14.33 percent on Dec. 16, according to IndexCreditCards.com in Cleveland, almost unchanged from 14.41 percent in October 2007.

This is absolutely pathetic. Just think of how Washington grilled the auto industry executives but have let the banks have a free lunch. I’m not a fan of the big three automakers either, but seriously the government is going to have to open these banks up. If they don’t start lending then I’d say don’t reward them with your deposit accounts.

Written by Jason Gooljar

January 5th, 2009 at 10:07 pm

I don’t feel sorry for Citigroup

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So now they’re talking about selling of parts of the corporation or merging with another bank. What a shame it has come to this for the world’s most powerful financial institution. All that greed has finally come back to haunt them. They (and other financial institutions) pushed for deregulation in the late 90’s and they sure got it. Truthfully, ever since I read books like Credit Card Nation and Maxed Out I’ve lost all respect for these executives. The worst part is all the workers who have lost their jobs due to the collapse of the US financial sector. I don’t care about the board of directors or the executives, but the employees who have lost their jobs due to the recklessness of these managers were done a grave injustice. It also appears that history does indeed repeat itself over and over again.

Written by Jason Gooljar

November 21st, 2008 at 11:16 am

Posted in Corporatism

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