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Charles Prince's Biography

Charles O. "Chuck" Prince, III (born January 13, 1950) is an American former chief executive officer (CEO) and chairman of Citigroup. He succeeded Sandy Weill as the CEO of the firm in 2003, and as the Chairman of the Board in 2006. On November 4, 2007 he retired from both his CEO and chairman duties due to unexpectedly poor 3rd quarter performance, mainly due to CDO and MBS related losses, while still receiving a $38m pay package.

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Charles Prince News Stories

  • Huffington Post: Citigroup, Goldman Sachs, Wall Street and the Tolling of ...
    News Source: Androscoggin News | 17 days ago
    In late 2007 and the early days of 2008 Citigroup announced they were cutting 4200 jobs. This shortly after Vikram Pandit, while just six weeks on the job as Citigroup's CEO, was awarded a $26.7 million stock bonus and 3 million in stock options.
  • Speak Out: The faith of our fathers
    News Source: The San Antonio Express-News | 23 days ago
    I see that the debate about the influence of Christianity on the Founding Fathers of our nation is heating up again. This debate has been going on in its present form since the 1930s when historians Charles and Mary Beard gave their Marxist
  • Yahoo! Finance: 10 Big Mistakes That Rattled Wall Street
    News Source: Androscoggin News | about 1 month ago
    10 Gaffes by Doomed CEOs On 4:12 pm EDT, Thursday September 3, 2009 "When markets are in trouble," wrote John Kenneth Galbraith in 1954, "the phrases are the same: 'The economic situation is fundamentally sound' or simply 'the fundamentals are good.
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  • Sapiens Tribune - liberal arts blog: Rational Irrationality (...
    Blog Source: www.sapienstribune.net | 15 days ago
    The same logic applies to the decisions made by Wall Street C.E.O.s like Citigroup's Charles Prince and Merrill Lynch's Stanley O'Neal. They've been roundly denounced for leading their companies into the mortgage business, ...
  • normxxx ruminates...: Rational Irrationality
    Blog Source: normxxx.blogspot.com | about 1 month ago
    The same logic applies to the decisions made by Wall Street C.E.O.s like Citigroup's Charles Prince and Merrill Lynch's Stanley O'Neal. They've been roundly denounced for leading their companies into the mortgage business, ...
  • Boom, Bust and Rebuild: Bank of America and the Kenneth ...
    Blog Source: www.contrarianprofits.com | about 1 month ago
    31, he joins the ranks of fellow financial firm executives – James Cayne of The Bear Stearns Cos., Charles Prince of Citigroup Inc. (NYSE: C), Stanley O'Neal of Merrill, Kennedy Thompson of Wachovia and Richard Fuld of Lehman Brothers, ...
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