Abstract

Sins & the Citi
Greider, William | July 4, 2005 issue

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Comments on a settlement made by Citigroup and JP Morgan Chase that will give Enron investors about $4.2 billion. View that the settlement is not enough to cover the $40 billion lost in the swindle by shareholders and pension funds; Opinion that criminal behavior seems to be part of the business profit structure; Opinion that American democracy has created a system for absolving fraudulent collaborations; Other investigations related to Citigroup in China, Britain, and Japan; Investigation of CitiFinancial for predatory lending; Why the author blames the Democrats for the Citigroup and Enron scandal.

See Also:

CORPORATIONS -- Corrupt practices -- Government policy; CITIGROUP Inc.; BUSINESS enterprises -- United States; GOVERNMENTAL investigations -- United States; BUSINESS & politics; EDITORIALS; UNITED States
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