Those reports, since leaked, plainly discuss the power of the plutonomy in america, and how it would only strengthen. Economic growth that is powered and consumed by the wealthiest upper class of. Those reports, since leaked, plainly discuss the power of the plutonomy in america, and how it would only strengthen, as long as the the rest us the nonplutonics could be kept in the dark about the plutonomy existence, its role, and its overarching control in the american. Thats the question people usually ask when they hear for the first time of the citigroup. For a time, citigroup s megabank model paid off handsomely, as it rang up billions in earnings each quarter from credit cards, mortgages, merger advice and trading. Analysis of antitrust concerns regarding xmsirius merger. Kale krugers hcs514 managing in todays health care organizations course. Two bombshell documents that citigroup s lawyers try to suppress, describing in detail the rule of the first 1% are they real. The summary on the first page of this memo, which another report for their superwealthy investors, boldly presents plutonomy not only as a fact, but a business great. Keep up with citi news, feature content and thought leadership, and find our public affairs contacts. If you additionally receive services from other citi entities, such as citibank n. The market began to rally today after ben bernanke said that accounting standards for illiquid assets need to be revised, and a leaked citigroup memo had the ceo telling employees that the bank. The powell memo was first published august 23, 1971. Thats the question people usually ask when they hear for the first time of the citigroup plutonomy memos.
Citigroups shocking plutonomy reports democratic underground. Leaked memo shows officials warned trump against defunding. The latest survey of consumer finance data released friday 24th of february. There are some differences between cass and irish requirements but we plan to address many of these issues in a uniform manner via the common operating model. Download all posts by politicalgates about the faked pregnancy as pdf document here. Citigroup s original corporate predecessor was incorporated in 1988 under the laws of the state of delaware.
Following a series of transactions over a number of years, citigroup inc. Where can i find a copy of the citigroup plutocracy report. Says secret citibank memo from citigroup said the blastoff was likely to occur within two years, and possibly as soon as 2009. The new company, to be called citigroup, would also be by far the. In october 16, 2005, citigroup came out with a brochure for investors called. Citigroups shocking plutonomy reports ht michael moore.
The citigroup plutonomy memos saturday, october 16, 2010 at 04. Citigroup s announcement on units merger updated oct. Click here for inner city press weekday news reports, from the united nations and elsewhere. Oct 16, 2010 the citigroup plutonomy memos saturday, october 16, 2010 at 04. Citigroup memo predicted ows movement over half a decade ago. Two bombshell documents that citigroup s lawyers try to suppress, describing in detail the rule of the first 1%. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this rep ort. Analysis of antitrust concerns regarding xmsirius merger this memorandum sets forth an initial analysis of the competitive effects of the proposed xmsirius transaction and identifies consequences of the merger that appear likely to substantially lessen competition in violation of antitrust law. A working group, which is to be established under the committee for consolidation promotion, will conduct individual merger preparations for each business area. The letter stated, the supervisory authority contends that citigroups presentation, as well as the. Realitybase readers know that i think this is in large part due to.
Leaked citigroup memo corporation, government, bailout, economy economics page 12 citydata forum. Yasuhiro sato mhfg, as publicly announced on september 16, 2011, in the actions toward integration by merger, etc. Visit citis blog for updates on citis innovations and financial insights from senior leaders, employees, and community partners as citi builds upon its 200 year history. Leaked citigroup memo shows economic domination agenda of the. These index conditions dated 4 september 2014 are made available by citigroup global markets limited. This paper is being submitted on january 30, 2015, for dr. The standard variable apr for purchases is % and also applies to balance transfers and citi flex plan. Jun 26, 2015 citigroup will combine its retail banking and mortgage operations, according to a memo viewed by reuters, the newswire said in an article on thursday june 25.
Mar, 2015 originally posted by chuckmann sorry i missed the beginning of this thread. Leaked company memo outlines plans after merger with united technologies posted jan 31, 2020, 1. Citi news press releases from citi citi news releases. The world is dividing into two blocs the plutonomy and the rest. Yes, they are real, and instead of being discussed on mainstream media outlets all over america and beyond, citigroup was surprisingly successful so far in suppressing these memos. Citigroups second plutonomy report, titled revisiting plutonomy. Download all posts by politicalgates about the faked pregnancy as pdfdocument here.
Wait, now that i look around, i see that yves smith at naked capitalism posted about this on october 15, 2009, almost three years ago, and called for people to protest the annual meetings of the american bankers. Citigroup s history dates back to the founding of citibank in 1812. The latter two legal vehicles will continue to be subject to cass. Citigroup names coheads of energy bankingmemo reuters. Thought some might like to have the actual memo to read for themselves. Michael moore highlights a confidential report that citigroup initially circulated only to its wealthiest customers. Kathryn alvino, nadia ge, delores jones, wanda soderbergbeck university of phoenix author note. The grammleachbliley act passed november 12, 1999, repealing the bhca and portions of the glasssteagall act, allowing banks, brokerages, and insurance companies to merge, thus making the citigrouptraveler group merger legal. Citigroup chief is set to exit amid losses the new york times. Citigroup requires stricter standards from clients on firearm. Citigroup plutonomy october 2005 pdf the first memo is dated october 16, 2005 35 pages and is titled.
Month all jan feb mar apr may jun jul aug sep oct nov dec year 2019 2018 2017 2016 2015 2014 20 2012 2011 2010 2009 2008 topic. Read citigroup s announcement on the merging of its investmentbanking and alternativeinvestments units under former morgan stanley executive vikram pandit. Two bombshell documents that citigroup s lawyers try to suppress, describing in detail the rule of the first 1% archive. In september 2006 citigroup published a report which they files6674234 citigroup oct162005plutonomyreportpart1. Memorandum of understanding on merger between mizuho. Travelers was subsequently spun off from the company in 2002. Leaked citigroup memo corporation, government, bailout. The company was formed by the merger of banking giant citicorp and. The company was formed by the merger of banking giant citicorp and financial conglomerate travelers group in 1998.
Leaked citigroup memo shows economic domination agenda of. Where can i find a copy of the original unedited citigroup plutocracy report as mentioned by michael moore in capitalisim. Jan 24, 2011 michael moores leaked citibank plutonomy memo. Heres the exclusive report cited by both moyers and moore. Memorandum of understanding on merger between mizuho bank. Jun 11, 2007 citigroup on monday named current head of energy, power and chemicals investment banking andrew safran as vice chairman of investment banking and added a cohead of the group, according to an. C, the creature which caused glasssteagals repeal in the first place. Ows a third threat comes from the potential social backlash. Open your eyes october 26th, 2005 leaked citigroup memo. American airlines crew members received a memo this week sharing the airlines future plans for its flight attendant crew bases. Citi strives to create the best outcomes for our clients and customers with financial solutions that are simple, creative and responsible. Also in april 2003, the nasd accepted the letter of acceptance, waiver and consent entered into with. Among other things, weve learned that comey believed the election required full disclosure regarding the ongoing investigation into hillary clintons email scandal. Oct 31, 2009 leaked citigroup memo shows economic domination agenda of the top 1% wealthiest, page 1.
Fears that rising income inequality and concentration in political power are being exacerbated by financial markets finds support in an internal memo leaked out of citi group that caricatures the united states, united kingdom and canada as plutonomies. Concentration of wealth and spending in the hands of a few, probably has its limits. Jan 14, 2009 citigroup, morgan stanley to merge brokerages. Both reports were leaked and made available on the web. Mar 01, 2001 thirtyfouryearold ahmed fahours first day on the job at citigroup inc. While i researched the subject, i discovered that there also exists an additional third, shorter citigroup memo, dated september 29, 2006, which is being mentioned here. Citigroup is to merge two of the largest divisions in its sales and. A leaked internal memo confirms where american airlines priorities are moving forward.
Michael moores leaked citibank plutonomy memo unsettling. Apr 14, 2008 the atlanta business chronicle features local business news about atlanta. Those reports, since leaked, plainly discuss the power of the plutonomy in america, and how it would only strengthen, as long as the the rest us the nonplutonics could be kept in the dark. Citigroup saw no red flags even as it made bolder bets. Department of justice doj memorandum asks government attorneys to consider seeking the outright dismissal of meritless qui tam actions filed under the false claims act fca. Aug 30, 2012 maybe im the last person whos hearing about the citigroup plutonomy memos, but theyre blowning me away. Maybe im the last person whos hearing about the citigroup plutonomy memos, but theyre blowning me away. In 1971, lewis powell, then a corporate lawyer and member of the boards of 11 corporations, wrote a memo to his friend eugene sydnor, jr. Yes, they are real, and instead of being discussed on mainstream media outlets all over america and beyond, citigroup. Not to be confused with cit group, another large financial services company. Click here for inner city press front page click here to search this site click here for icps citiwatch archive 200001 follow us on twitter click here for icp books. If youve seen the documentary, there is a section where moore presents this leaked internal memo from citigroup, showing them gloating over the coming american plutocracy where only the wealthy mattered and everyone else was irrelevant.
Why couldnt sears merge with amazon and upload its sears catalog as a subsidiary of amazon. Today we announced that delta and northwest have reached an. Can we pin its problems, at least, on that decision, or would the same problems have cropped up. Citigroup announces appointment of john havens as president. Financial markets and the growth of plutonomies springerlink. Citigroup, morgan stanley to merge brokerages nbc news.
Merger memo from delta executives to employees atlanta. The citi blog new financial resource for military members. Two bombshell documents that citigroup s lawyers try to suppress, describing in detail the rule of the first 1% politicalgates truth11 on december 29, 2011 that there also exists an additional third, shorter citigroup memo, dated september 29, 2006, which is being mentioned here. Plutocracy citibank memo pdf the citigroup plutonomy memos. Ps i am a capitalist but i watched the movie an i am interested in this report. Blame citigroups woes on the cititravelers merger nyse. Citigroup plutonomy memos pdf united pdf comunication. In the must read, october 26th, 2005 leaked citigroup memo, titled equity strategy, plutonomy, buying luxury, global imbalances the fear of a potential backlash against the plutocracy is discussed at length.
Jamie larounis of the forward cabin shared it via twitter. In other words, following the merger your assets will continue to be protected in the event of ceps insolvency. Markets rally on bernanke comments, citigroup profits. To use rawlsian analysis, the invisible hand stops working. Citigroup memo on fraud pdf citigroup memo on fraud text.
The new policy requires companies to restrict sales of guns to people over 21 years old who have. Oct 08, 2009 where can i find a copy of the original unedited citigroup plutocracy report as mentioned by michael moore in capitalisim. Get the latest financial news from citi, the worldwide leader in consumer and corporate banking. Oct 29, 2016 the memo reveals some startling information that democrats, and the liberal media, certainly would have preferred to keep hidden from the public. It shows that the rich in the us continue to be in great shape. Citigroup would be the largest financial services firm in the united states, able to crossmarket an unusually broad range of financial services to consumers. Citigroup to merge its forex and ratestrading businesses financial. Information on the proposed merger of citibank international. Secret citibank memo that was leaked godlike productions. Citigroup research is a division of citigroup global markets inc. In 2019, the airline sees the following crew changes. Citigroup announced it would require its clients to adopt stricter standards for firearm sales. Pdf merger allows you to merge pdf files fast and easy, everything is online, free and with no registration, try it now.
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