SEARCH:
© 2009 The Washington Post Company
Featured Advertiser Links
- Lawsuit: Hydroxycut Liver, Cochlear Implants, Zicam, Yaz>>
- Erin Brockovich, Lawyer: Mesothelioma, Asbestos, Lung Cancer>>
- Get your credit score range from Equifax 100% Free.>>
- Create Jobs. Help the Economy. Join the National Gateway.>>
- Call Around the World with Vonage for $24.99/mo!>>
- Russia Now: In-Depth Coverage of Russia News, Business, and More.>>
Citi's Long History of Overreach, Then Rescue
When Citicorp and Travelers Group agreed on a historic merger in 1998, the heads of the two companies placed a courtesy call to inform the Treasury Department. Then they held a news conference to suggest that Congress change the law to allow their union. Congress soon complied.-
By Binyamin Appelbaum