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Tag: Citigroup

Michael Lewis the 51 year old USA non-fiction author and financial journalist has published an article on The Daily Beast interviewing himself ‘about how to make the Occupy Wall Street movement better – His strategy: boycott the banks!’ In the article Lewis states, “The big complaint about the movement is that it doesn’t know what it wants. If someone put you in charge of the movement, what would you have it do? I’m not certain that they’re wrong to be as woolly-minded about their goals as they seem to be. By not being too explicit about what they want, they attract anyone who is upset about anything. But if I were in charge I would probably reorganize the movement around a single, achievable goal: a financial boycott of the six “ too big to fail ” Wall Street firms: Bank of America, Citigroup, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Wells Fargo. We would encourage people who had deposits in these firms to withdraw them, and put them in smaller, not “too big to fail” banks. We would stigmatize anyone who invested, in any way, in any of these banks. I’d try to organize college students to protest on campuses. Their first goal would be to force the university endowments to divest themselves of shares in these banks.”


Inspired by The Daily Beast image source Justin Hoch

Peter Richard Orszag the 42 year old  American economist who is a Vice Chairman of Global Banking at Citigroup Analysts on the ground in sixty-six countries (February 18 2011)

Peter Richard Orszag the 42 year old  American economist who is a Vice Chairman of Global Banking at Citigroup and the former Director of the Office of Management and Budget under President Barack Obama has become somewhat of a nerd celebrity. Orszag has expressed his delight in his new role at Citi with analysts on the ground in sixty-six countries world-wide giving him global access to an “information flow” greater than most officials in the US government have access to. Orszag noted in an interview with The Daily the strong positive US economic trends, although predicting employment will remain sluggish suggesting that high unemployment may impact on Obama 2012 re-election campaign.


Inspired by Avi Zenilman image source Wikipedia

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