NEW YORK (Reuters) - Former Citigroup <C.N> Chief Executive Sanford Weill blamed the bank's problems on personnel decisions and faulted his successor, Chuck Prince, for letting its balance sheet balloon and taking on large risks, according to the New York Times, citing a series of recent interviews. "One of the major mistakes that I made was my ...

SELLING OFF CITI

$100 million a day. Nice round number, but not so nice if that's how much your bank is losing. Citigroup on Jan. 16 is expected to report at least $10 billion in red ink for the fourth quarter, on top of the $18 billion it has bled since the subprime meltdown began in late 2007. On ...

How do hugely disgraced telecommunications analysts live? They live well. They live in neo-Federal mansions built during the Chester A. Arthur administration. They take either the iron-and-bronze staircase or the elevator from the basement’s 20-foot-wide game room to the fifth floor’s bedrooms and balconies. Sotheby’s has listed Jack and LuAnn Grubman’s townhouse at 12 East 81st ...