This makes total sense. Right? The WSJ estimates CitiGroup’s exposure to Dubai World’s defaulted $80 billion (est.) debt at $1.9 billion. The beauty part is Andrew Sorkin’s reminder (in the NYT) that Citi lent $8 billion to the palm-island-building megajoke last Dec. 14, shortly after the U.S. government pumped $45 billion into the ailing...
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The Wall Street Journal reports that the Securities and Exchange Commission is investigating “Flash Trading,” one small way the rich get richer at the expense of everyone else. That should keep them away from the big issues. But at least Paul Krugman is with me on the connection between Goldman’s stock-market manipulation and Citi’s...
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OC Alternatives Sizzlin’ Summer Calendar: Assateague Island National Seashore, North Point State Park, Rehoboth Beach, and more 5/15/2013
Real-Life Embarassing Sex Stories Feature: Submitted by City Paper readers 2/13/2013
Charm Offensive Feature: Meet the unpaid, underappreciated, and underprotected stars of underwear football By Violet Levoit 5/22/2013
Murder Ink Murder Ink: Murders this Week: 5; Murders this Year: 77 By Edward Ericson Jr. 5/15/2013
Crazy Horse Film: Filmmaker Frederick Wiseman puts his focus on Le Crazy Horse de Paris, the French cabaret By Lee Gardner 4/4/2012
City Treasure City Folk: Charlie Riemer kept City Hall running, finishes his own race By Rafael Alvarez 5/22/2013