Citigroup

Morgan Stanley to slash 1600 jobs

It's going to be a tough new year for many at Morgan Stanley. The Wall Street bank has disclosed plans to cut 1600 jobs in the first three months of the coming year.

Citigroup data breach:Hackers steal 210K IDs from bank's site

After Google and Sony, CitiGroup is the latest victim in a string of attacks by hackers on major corporations. The US bank has acknowledged that hackers stole personal information from of hundreds of thousands of its credit card customers.

The Pessimist's Guide to 2011

I'm a long-term optimist. You should be, too. But even when you're an optimist, a healthy amount of skepticism -- maybe even pessimism -- can do you good. It makes you a more stable optimist.

Can the Economy Recover in 2011?

 Before you get too excited, I'm not planning on throwing my hat in the ring with my own predictions for the economy next year. I find plenty of ways to be wrong, and that is the kind of make-me-look-silly opportunity that I'm more than happy to pass on.

 

2 Unbelievable Bargains to Buy Right Now

In our ongoing series of chats with Fool analysts and advisors, I've been asking them about the stocks on their watchlists and the catalysts that would induce them to buy. Today, the man in charge of training our analysts provides two excellent companies that he owns and believes deserve strong consideration for a spot in your portfolio – no catalyst required.

Bernanke's Best One-Liners of 2010

Central banking isn't all grim and sober. These are my top one-liners for 2010 from Fed Chairman Ben Bernanke, who really saved the best for last by delivering three of them during a single, exceptional set on CBS' 60 Minutes at the beginning of the month.

7 New Taxes That Should Sneak Into the Tax Bill

In an ideal world, the budget would be balanced, the deficit minimized, and taxes low. Unfortunately, we live in the USA. None of these dreams are likely to be part of the economic reality anytime soon. Perhaps I can be of some assistance.

General Electric Wants to Be a Millionaire

St. Joe Shares Popped: What You Need to Know

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.What: Shares of beleaguered real estate developer St. Joe Company (NYSE: JOE) jumped as much as 13% in intraday trading on heavy volume.

This Just In: Upgrades and Downgrades

 At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.

 

The Downside of Financial Literacy

 Our mission at The Motley Fool is to educate, amuse, and enrich. We do this because we think -- no, we know -- that people make better financial decisions when their financial literacy grows.

 

US earns $12bn profit on Citigroup bailout

The treasury announced on Monday that it has sold its last 2.4 billion shares of the Citigroup at $4.35 per share to private investors, thus earning $10.5 billion.