Despite the recession and Tea Party cries of “Taxed Enough Already,” a surprising number of communities across the country voted to keep their tax burdens at current levels.
Continue reading Voters Nationwide P…
Visa (V) and MasterCard (MA) are close to settling an antitrust case with the Justice Department over credit-card acceptance rules, The Wall Street Journal reported.
The settlement could allow merchants to steer customers towards cheaper forms of pay…
Citigroup (C) plans to sell its student-lending unit Student Loan Corp. to a consortium including Sallie Mae as early as today, The New York Post reported.
Citigroup owns 80% of the company, with another 20% being publicly traded. It is the country’s second-largest student lender, after Sallie Mae.
The deal could see Sallie Mae and another company offer as much as $600 million to…
Continue reading Citigroup May Sell Student Loan Corp. to Sallie Mae Consortium
Citigroup May Sell Student Loan Corp. to Sallie Mae Consortium originally appeared on DailyFinance on Fri, 17 Sep 2010 08:45:00.
Filed Under: Company News, Economy, Investing, Citigroup, Taxes, Credit
A suit filed by three women accusing Goldman Sachs of sex discrimination underscores a surprising trend: Despite growing equality in the business world, financial services has become an increasingly male-dominated industry.
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Goldman Sachs (GS) may strip as many as 60 executives of their partnerships this year to make way for new executives in a process known as “de-partnering.”
Only 375 or so of Goldman’s 35,000 employees are partners, The New York Times reported. Winnin…