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 Vikram Pandit Citigroup CEO


Celebrities >> Vikram Pandit Citigroup CEO


Vikram Pandit was born in Nagpur, Maharashtra, India. He attended college in the United States at the age of sixteen. He received both an MS and a BS degree in electrical engineering from Columbia University. He also earned a Ph. D in finance in 1986; he is book smart and his knowledge made him only the second Indian man to become CEO of a major American company.



 Government Bailout Plan Called By John McCain To Improve The Economy


Politics & Government >> Government Bailout Plan Called By John McCain To Improve The Economy


Today, John McCain proposes to call for a bipartisan oversight board to manage the spending of the U.S. government’s $700 bailout plan. In a town meeting in Scranton, PA, McCain introduced a proposed bipartisan group that includes former Massachusetts Governor Mitt Romney, the billionaire investor Warren buffet and Mayor Mike Bloomberg from New York City.



 Gold Stocks Shares With Asian Financial Companies To Sheltered From Economic Crisis


Business & Finance >> Gold Stocks Shares With Asian Financial Companies To Sheltered From Economic Crisis


According to CLSA Ltd’s Christopher Wood, an Asian stock market rally on the prospect of the U.S. Treasury’s $700 billion plan to revive the financial industry will hesitate as world economic growth slows.




 Bernie Sanders Senator Advices Wealthiest Americans To Pay For The Financial Bailout From Bush


Politics & Government >> Bernie Sanders Senator Advices Wealthiest Americans To Pay For The Financial Bailout From Bush


The recent $700 billion financial bailout by the Bush’s administration will add on to the national debt of $11.3 trillion. At least, this would be what we’ve spent so far on the Iraq War. Although the price of the bailout is huge, the Bush Administration is demanding that Congress, "place no restrictions on the administration other than requiring semiannual reports to Congress."



 Bush Presidential Address To The Nation To Push 700 Billion Bailout Will Be Aired Tonight


Politics & Government >> Bush Presidential Address To The Nation To Push 700 Billion Bailout Will Be Aired Tonight


On September 24, 2008, President Bush will deliver a prime time televised speech Wednesday night to pressure Congress to pass a $700 billion plan to bail out Wall Street. His speech is schedule to begin at 9:00PM and will take at least 15 minutes.




 Economic Bailout Plan Getting Nearer As Bush Administration Meets With Presidential Candidates


Politics & Government >> Economic Bailout Plan Getting Nearer As Bush Administration Meets With Presidential Candidates


This is called the remodeling of the nation. More than 200 points at Dow Jones have increased this Thursday morning. There is full optimism over the proposed federal bailout package. This early trading rush came hours before President Bush met with both presidential candidates.



 James K Galbraith American Economist Raised Bailout Essential Issue At Current Financial Scenario


Business & Finance >> James K Galbraith American Economist Raised Bailout Essential Issue At Current Financial Scenario


James K. Galbraith who is a well-known American economist stated during the month of September 2008 that in the present scenario when five giant investment institutions namely Morgan Stanley, Merrill Lynch, Lehman Brothers, Bear Stearns and Goldman Sachs have been transformed into the regular banks arises an issue which points out that is the bailout essential at this point of time.




 WaMu Operations Seized By Federal Regulators And Acquired By JPMorgan Chase


Companies >> WaMu Operations Seized By Federal Regulators And Acquired By JPMorgan Chase


After analyzing the huge slump on Thursday, JPMorgan Chase has acquired Washington Mutual Inc. for $1.9 billion. The large savings and loan was closed down by federal regulators after fallout of the subprime mortgage crisis.









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