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Dig a little deeper, though, and Citi's stress-test results look more like an F than the B+ the bank seemed to get. Among the 19 banks the government probed, Citi was found to have the lowest common capital ratio, which the government said was a key measure to...
Citi's exam also included a $58 billion credit titled "Other Capital Actions." The credit is for the conversion of preferred stock that Citi says it plans to do but has not yet completed. Among the other 18 banks that were examined, only one other, Bank of America, was allowed...
The 500 sculptured concrete arms that rise beneath the bridge, seemingly seeking emancipation from a bottomless pit, create an arresting image of anguish and desperation - just as Thai artist Chalermchai Kositpipat intended. "To reach heaven, you need to pass suffering," the 54-year-old says in his trademark booming voice...
The shuttle Atlantis is once again in orbit - this time for a final servicing visit to the venerable Hubble Space Telescope - and once again the world is sweating out reports of damage to the spacecraft's thermal tiles caused by debris shed from the external fuel tank during liftoff on...
When employees are unhealthy, the damage extends beyond their diminished contribution to the work place—felt through numerous sick days or inability to complete tasks—to a hindrance on the American healthcare system. For this reason, subsidizing programs that encourage healthful choices will ultimately benefit the...