Citigroup (C) is considering paying a $100 million bonus — to one guy. This is the same Citigroup that received $45 billion in bailout money. The same Citigroup that will soon be 34% owned by the U.S. government. The same Citigroup that has lost 95% of its share value since 2007.
The New York Federal Reserve will get an old school insider to replace a Goldman Sachs insider. The chief executive of the nonprofit business organization Partnership for New York City, Kathryn Wylde, has been named a director on the New York Federal Reserve Bank’s Board.
The Real World of Money featuring Andy Gause Wednesday, July 29th. Broadcast Lots of ground covered tday folks… Bonding schemes, 11 trillion treasury debt, Euro Dollar & Euro Dollar futures contracts, Derivatives, Rate of inflation, Next 2-3yrs very dramatic inflation and much more. 7 regional banks fail… State regulators shut down seven regional banks…