Everyone is so caught up in the rush and excitement of bowl game season that a glaring fact seems to have alluded most people. In this financial suckfest, where did the advertisers get the money to put on these big budget productions?

Let's texamine just who these advertisers are exactly. Well, there's Citigroup, Capital One and GMAC. Why do t...

MORE »

Washington announced this Sunday that they will be injected $20B more into Citibank, a bank who has already recieved $25B from the $700B bailout package passed weeks ago. This comes in the wake of a heated exchange between the big three automakers and Congress, who refuses to give them $25B to avoid bankruptcy unless they come up with a good pla...

MORE »

And the layoffs continue. Citigroup has now joined DHL, Time Inc., Pepsi, Yahoo and almost every other company in cutting jobs. The bank announced today that they will layoff 50,000 people in the face of mounting financial problems.
 

It’s not yet clear where the cuts will come from, but afterwards, Citigroup will be down to about 300,000 employ...

MORE »