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Jack Lew Confirmed As Treasury Secretary

President Obama with his two Treasury secretaries, Tim Geithner and Jack Lew. (Wikimedia Commons)

Matt Pressberg
Executive Producer

The former Citigroup executive will take over for the departing Tim Geithner.

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Citigroup CEO Vikram Pandit Steps Down

Vikram Pandit, Apr. 29, 2011 (Creative Commons).

The company's COO also stepped down. 

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LA Officials Wrestle With Responsible Banking Reform

Bank of America Plaza, in downtown L.A.'s financial district. (Catherine Green)

Catherine Green
Assistant News Editor

How to placate the public without skyrocketing costs.

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New Report Finds Citigroup Was On Verge Of Failing

Citigroup Tower (Creative Commons)

Nationa's third-largest financial institution by assets was almost closed on Nov. 24, 2008.

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