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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (42840)11/17/2008 8:54:02 AM
From: Joe S Pack  Read Replies (2) | Respond to of 217879
 
Rumor that by the end of Q1, Citibank staff will have been cut by 35% from the top.

It is no more a rumor. It is a done deal.

biz.yahoo.com

Citigroup is expected to cut another 53,000 jobs
Monday November 17, 8:44 am ET
Citigroup to cut 53,000 jobs over coming quarters, bringing total cuts to 20 pct., source says

NEW YORK (AP) -- A person briefed on Citigroup's plans says the banking giant is cutting another 53,000 jobs in the coming quarters.

CEO Vikram Pandit is revealing the plan at the company's town hall meeting Monday with employees.

.....
And finally fraudsters are forced to accept the fact that is true and happened several moons ago.

U.S. in Recession, Jobless Rate to Peak at 7.5 Percent: Survey- Reuters

The U.S. economy is in recession and will contract at a faster pace in the fourth quarter, extending the decline into early 2009



To: TobagoJack who wrote (42840)11/18/2008 10:15:03 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 217879
 
Hi Jay,

Any thoughts on viability of electric cars in China... not for tomorrow of course.. but later..

The Black Swan