Tech Talk News: Citigroup Settles Facebook IPO Case, Then Fires Analyst

Citigroup was fined $2 Million because a Junior Analyst emailed tech bloggers looking for information on a Facebook document.   Not only did Citigroup pay the fine but they also fired the Analyst who emailed the bloggers.  Ouch! Yungjohnnybravo x TatWZA


Citigroup CEO And COO Abruptly Step Down

Suddenly and apparently without warning the Chief Executive Officer and board member of Citigroup resigned. Analysts are speculating a 2011 compensation rejection and growing shareholder dissent may have contributed to Vikram Pandit’s unusually sudden departure. Please click below to read more. Funk Flex


Ex-Citigroup Executive Pleads Guilty To Stealing Nearly $23 Million

A former Citigroup executive pleaded guilty Tuesday to stealing nearly $23 million and wiring it to his personal bank account. Gary Foster was a vice president in Citigroup’s treasury finance department. He lived like a company CEO, purchasing luxury cars and expensive properties in Manhattan, Brooklyn and New Jersey with the embezzled funds. Hit the jump to read the rest of the story. @WiL


Tech Talk Hacking: Citigroup Claims $2.7 Million Stolen From Customers As Result Of Hacking!!

After a cyberattack hit Citigroup, exposing over 360,000 user accounts, the bank has come forward to reveal just how much money’s been lost. The answer: $2.7 million was lost, affecting about 3,400 people, according to Bloomberg Businessweek. The bank will reimburse customers for their loss. Over 200,000 customers were issued new cards with a notification letter. Hit the jump to read the rest of the story. @WiL X Tat WZA


Tech Talk Hacked: Citigroup Has Been Hacked!!!

I just referred to Cloud Systems as “CloudMania“, but the HackMania thats been going on is def out of control, Sony hacked more times then I can count, and so many other big companies, everything from lockhead-martin, to PBS has been cyberly touched up! And Now Citigroup, which is a major financial institute, has now been touched up, Hit the jump for some details. @TatWZA


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