Sugar Editorial Picks
Nov 24, 2008 -
- The US government has pledged more than $7.4 trillion to bail out the financial system. That amount of taxpayer money represents half of the value of everything produced in the US last year. — Bloomberg
- Citibank is the latest institution to receive a bailout.
- 6 Comments
Other Search Results
Mar 06, 2009 -
What's in your wallet? Could be a credit card with your social network on it, if you so please.
CitiBank has collaborated with MySpace to offer a credit card that will have a rewards program with things like access to MySpace events and free music downloads.
- 16 Comments
Mar 09, 2009 -
There's a new credit card on the borrowing scene, and this one is backed by a surprising, social-networking sponsor. MySpace has teamed up with Citi in launching a card with its logo as part of a "Generation Forward" campaign. The card is being marketed as "the credit card that rewards you for doing the right thing," offering perks like a .25 percent APR reduction after three months to active users who stay under their credit line and pay on time.
- 10 Comments
Feb 28, 2008 -
Dear Savvy,
I have a debit card with Citibank and I have the rewards program that gives me American Airlines miles. I've had the card for over four years and have about 8,750 miles, except I need at least 20,000 to get a free ticket. I want to get out of it because I don't want to wait another four years before I qualify for a ticket.
- 11 Comments
Feb 02, 2009 -
There's nothing surprising about companies sponsoring sports teams, but Bank of America may have gone too far. The bank, which has received $45 billion in taxpayer money, sponsored a five-day blowout called "NFL Experience" last week, and according to insiders the tents alone cost $800,000. ABC reports that in total, being the official bank of the NFL has put the bank (or taxpayer) back $10 million.
- 32 Comments
Jan 30, 2009 -
If you still manage to have a job on Wall Street, you might not realize that the good ol' days are over. Yesterday news broke that Wall Street bankers gave themselves $18.4 billion in bonuses last year — that's the same amount they received in 2004. President Obama angrily reacted, saying:
That is the height of irresponsibility.
- 46 Comments
Aug 22, 2008 -
Dear Savvy,
I currently am trying to pay off a high revolving balance on my Citibank MasterCard. I have a good credit rating (730-740) and am current on all my bills with no late payments. My current credit card interest rate is 14.99 percent.
- 17 Comments
Jan 26, 2009 -
- Senator Oprah: On Good Morning America, Illinois Gov. Blagojevich said he considered appointing Oprah Winfrey to Obama's Senate seat. —Talking Points Memo
- President Obama: A look back at his first week.
- 9 Comments
Oct 02, 2008 -
While there's no doubt the heads on Capitol Hill are spinning with what's been happening in our economy, it's not exactly a picnic for those of us feeling like we have a million and one unanswered questions. Watching big banks collapse and listening to what the news tells us was a horrendous day for the market, followed by the worst day ever, doesn't do much for the people anxiously sitting on the sidelines. Here are three things you can do right now to get a grip on your finances.
- 4 Comments