Bailed out by uncle sam during the 2008 financial crisis. Its battled questions about dubious foreclosure practices, fended off allegations of lax Money Laundering protections and faced a number of probes into its banking practices. Just last week, the Federal Reserve rejected citis plan to raise its shareholder dividend and jack up its stock buy back complain on concerns about how much capital the bank has on hand. Now the banks troubles just got worse. The fbi has reportedly launched a criminal investigation into the banks role in a 400 million fraud involving its mexican banking unit. Investors have taken notice, sending shares down another 1 today. Michelle carusocabrera has more now on the latest news about citigroup and how much more the banking behemoth can take. Reporter the Company Revealed in late february a 400 million fraud involving an Oil Services Company in mexico. Even before todays news of a criminal investigation, analysts questioned whether mexico was one of the reas
European headquarters in london. We have a great show for you coming up. We are going to be talking about stunt driving. We are going to meet a youtube fameturning his online into hard cash. Withe are going to be live the ceo later on the pulse. We will be talking how sanctions impact a business like bayer. That brings us to our top story. Will talk story we about later. Plenty of other European Companies are being affected by sanctions that have now been imposed by europe on russia. The coordinated sanctions with the u. S. And europe are increasing pressure on written on putin and his countrys role in ukraine. There is some and the duty surrounding the sanctions. What do we know and what do we not know . Sanctionst important that the European Union and the u. S. Introduced yesterday involved in the financial sector. That is the first point. The second point is the eu is effectively going to ban russian stateback banks from issuing new bonds and shares in European Capital markets. Ther
According to the situation. Dollar general will be offering to divest up to 1500 stores if required by the ftc. Now, before they had offered 700 stores. This even though Dollar General says it believes that the pledge to divest those 700 stores as part of the proposal provide more than enough to clear any regulatory review. It includes a 500 million reverse break up fee. And the important point there is to ensure how confident they would be. Its a long, sordid story. Skoe and i have gone back and forth. On august 21st, Family Dollar rejected ads 7. 58 share a bid for Dollar General. What they did at the time is they cited and they didnt think the deal would clear. Family dollars board has been suggesting a stock proprosal. Now were at 80 with the addition of or with the edition of the reverse breakup fee and saying they would get rid of more stores. Remember when the press release came out with the initial deal . They trumpeted the fact that they would be the largest, that they would h
Join the conversation on social media at c spain. Facebook. Com, and you can also email us at well, journal cspan. Org. Want to get your thoughts on what you specifically think the president should do on these two issues of the threat of the Islamic State, as well as russias aggression against the ukraine. So start dialing in now. Well get to comments in just a few minutes. This is from the Huffington Post web site. We wont be cowed by barbaric murders. If terrorists think we will weaken in the face of their threat, they could not be more wrong. Countries like britain and america will not be cowed by barbaric killers. This from the op ed coauthored by president obama and Prime Minister David Cameron. What do you think the president should do on these two issues of isis in russia . On isis, front page of the Washington Times this morning with the headline, obama talks tough on terror, shies away from war. This piece written by ben wolfgang. They write, frustration on capitol hill reache
President trump talked about it on camera, he said if russia did offered bounties to kill u. S. Troops in afghanistan, he would take action. I agree with the intelligence people. I think frankly many of the intelligence people didnt think something that would happen. If it did happen, the russians would hear about it, and anybody else would hear about it that was involved. Today the National Security advisor confirmed that the intelligence behind to the russian bounties was shared with u. S. Allies. He pinned the on the daily pray for, a career cia officer. She made that decision because she didnt have confidence in the intelligence. She made that call, i think she made the right call. Democrats disagree. That they believe intelligence of this magnitude should have made the way to the president. Democratic senator joe manchin says, not only does the president fail our Service Members, but he broke his oath to protect and defend the constitution. It would be unconscionable to think he d