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...that didn't make its intentions clear enough, earlier this year Citigroup publicly identified a number of businesses that it would like to get rid of. Among those that are still left are its insurance division Primerica and a home-loan business, CitiMortgage. At the time, Citi said it would like to hold on to much of its retail and corporate bank. A Citi spokesperson says that continues to be the bank's plan. In July, CEO Vikram Pandit told financial-news outlet Bloomberg that the bank is "moving extremely fast" on asset sales. He said the bank had already...

Author: /time Magazine | Title: The Citi Sale That Never Ends | 10/12/2009 | See Source »

...these days it looks like much more is on the block at Citi than the bank is letting on. Citi is reportedly considering a plan to either sell off or close a number of its retail branches. At just over 1,000, Citi has a much smaller branch network than its rivals. Bank of America, for example, has 6,000 branches nationwide. Citi is reportedly considering closing or selling its bank branches in cities such as Boston, Philadelphia and other areas of the country where it does not have a significant presence. Citi has denied any such intention.(See pictures...

Author: /time Magazine | Title: The Citi Sale That Never Ends | 10/12/2009 | See Source »

...roughly the same rate of heart attack year to year - about 200 heart attacks per 1,000 people - when they were studied some 60 years later. But among the subset of people born between October 1918 and June 1919, when the flu pandemic was at its worst, the number of heart attacks increased more than...

Author: /time Magazine | Title: Side Effects of 1918 Flu Seen Decades Later | 10/12/2009 | See Source »

...hundreds of thousands in the trenches of World War I, when Hitler was just another corporal in the Kaiser's army. By World War II, countries on both sides of the war used airplanes and artillery to rain death on battlefields as well as cities, until the number killed around the world was so huge that the best estimates of the total number lost diverge by some 16 million souls. The dead numbered 62 million or 78 million - somewhere in there...

Author: /time Magazine | Title: Want Peace? Give a Nuke the Nobel | 10/11/2009 | See Source »

...environment and deserves credit as a "world environmental leader." Leon adds that "making peace with nature," like making peace between ideological enemies a generation ago, is a "a logical sequence to Arias' career." But with little more than a year to go in his second, environmental presidency, a growing number of Ticos feel Arias still needs to get more in touch with his inner frog...

Author: /time Magazine | Title: Costa Rica's President: It's Not Easy Staying Green | 10/10/2009 | See Source »

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