Fedi-Bank November 24, 2008 New Orleans We now finally know how to put a name on a bank that is classified as “too big to fail.” Rather than calling it Citibank or Citi, we can now name it Fedibank or just Fedi which will fit in nicely with the other government banks out …
Author: wade
Citi Crashing
Citi Crashing New Orleans The Times ran a long pre-mortem piece on Sunday about the crash and fall of Citigroup over the last year or so, particularly now as its stock has fallen to less than $5 per share and this “world’s largest bank” is on life support in the financial markets and the …
Attacking Alexi
Attacking Alexi November 22, 2008 New Orleans One of the most interesting and exciting people that our delegation with the Organizers’ Forum met when we traveled to Russia in 2007 was a rank-and-file union steward at the Ford plant in St. Petersburg named Alexei Etmanov, who after leading a wildcat strike had become a …