To say that Citibank has had more than its share of problems would be an understatement. In May, for instance, the bank agreed on a 2.65 billion settlement with investors who bought stock and bonds in WorldCom before it filed for bankruptcy. Later that month, the Federal Reserve fined the bank 70 million for abuses in personal and mortgage loans to low-income and high-risk borrowers. In June, Citigroup suspended two executives in China, citing them for presenting false financial information to Chinese regulators and to the bank itself. In August, British regulators began an investigation of a 13.5 billion bond trade that was executed by Citigroup. Then, in September, Japan ordered Citigroup to close its private banking unit there for, among other things, failing to guard against money laundering. That was apparently the last straw for CEO Charles Prince. After a very public apology to the Japanese people, Prince set about on a daunting task -- changing the corporate culture of the financial giant. Is it possible Yes, ... But it's not probable. There's very little meaningful change that can go on in an organization because of past investments, taken-for-granted assumptions, vested interests in the status quo, inertia and other deeply rooted factors.
Corporation Quotes (979 Quotes)
On behalf of Wachovia Corporation, I apologize to all Americans, and especially to African-Americans and people of African descent, ... We are deeply saddened by these findings.
There's a lot to be said for creating a favorable work culture when you're competing against the security of a larger corporation.
It's rare to pay a walk-away fee unless there is a preemptive bid or an extreme circumstance. They are talking in billions of dollars. That's going to make a corporate manager think twice before walking away from the deal.
Anyone who's parading under a 100,00-plus video is not free from corporate. That's just the MTV advertising agency. I find them all to be just a bit of a sham.
Women will change the corporation more than we expect.
The current state of the news media is partially to blame for the publics general lack of information vital for responsible citizenship in a democracy. The news media has become an aspect of show business, offering merely infotainment. It has evolved into an entity that tends to function as a public relations agency for wealthy and powerful multinational corporations, members of Congress, the current Presidential Administration including the administrations that preceded it. The news media is being utilized as a political tool of suppression and propaganda by those in power, and propaganda is psychological in nature. Full of half-truths and utter misinformation, its an arrogant and very commercial strategy that is implemented because it appeals to emotions, fear being the main one relentless talk of national security, personal and community safety, can trigger childhood insecurities and indoctrinated views of authority.
Ken Lay was the big fish. This will be the showcase trial for the government in its war on fraud in the corporate boardroom.
The labor market's going to have a long, slow climb. Corporate America is going to use whatever means it can to boost output without hiring. They're going to wait and wait for confirmation that growth is really picking up before they move into serious job hiring.
The outlook for Japan is not all cherry blossoms and sake, though. We don't have a boom in consumption yet, ... The rise in corporate profits has come out of workers' hides. Also, this is an economy that still needs to make big productivity gains.
They haven't changed (their bias). The weakness in corporate profits is a problem, and investment continues to decline.
We're in a period when capital spending has slowed to a waltz, corporate profitability is hardly visible, and balance sheets are just inundated with debt that's not a comfortable picture. Each day is a new adventure in the market. There's lots of money on the sidelines but no willingness to commit.
We will harness and focus the power of the corporate workforce as never before to improve the communities where we live, work and play. We have a powerful resource in millions of people, corporate Americans, who now will have even greater support from their employers to learn to lead volunteer teams and touch countless lives.
Tell it early, tell it all and tell it yourself. The rules are the same whether you're a president, a corporate CEO or a baseball player.
A corporation is organized as a system - it has this department, that department, that department... they don't have any meaning separately; they only can function together. And also the body is a system. Society is a system in some sense. And so on.
President Levin leads through building consensus for key issues and initiatives. With respect to President Summers, it is well known that he was charged with moving Harvard in a different direction, to 'renew it' as he himself has stated. With this charge from his Corporation, he felt the best way to proceed was to roll up his sleeves and get to work. Unfortunately, not everyone appreciated this nor wanted the changes he was advocating.
Given the fact that the 'withhold' campaign at Disney is what started this whole brouhaha, I think it's appropriate that Disney adopt this standard, ... I don't believe this makes them a leader in corporate governance practices though I view it as a positive.
The partnership with ODC, Odessa Industrial Development Corporation, the Chamber of Commerce and the City of Odessa has made Quail Run Energy possible here in Odessa. We all look forward to this new venture together.
I'm a man without a corporation.
Dilbert's trials and tribulations as a corporate cog make him an ideal mobile game star. The game will appeal to anyone who has experienced cubicle life or has dealt with office bureaucracy.
Linux will start to become more popular in the corporate world because of the latest Novell Linux distribution. Novell has name recognition and is much more durable and stable than the other distributions.
What we missed with Williams is the total integration of both companies to form one homogenous team, ... We made several approaches to achieve that but apparently the corporate culture and the way to run the business is different.
Become an internationalist and learn to respect all life. Make war on machines. And in particular the sterile machines of corporate death and the robots that guard them.
if the public is convinced that the corporation is spending money wisely.
Corporate balance sheets are in great shape and we look for business investment to keep the economy going forward as consumer spending winds down after an impressive run over the last few years.
Franchising can be a fulfilling and financially rewarding career. But franchises aren't for everyone who dreams about leaving the corporate fold. When buying a franchise, you should carefully review the fees, the long hours, the financial commitment and the terms of ending the franchise agreement if things don't work out.
The benefit primarily is that they are easy to set up. They are also much lower-cost than the 401(k) plans offered by many larger corporations.
I do tend to gravitate toward what guiding light we have. . . . If I read something that's got those ethics in it, then I go towards it. We live in such a corporate world where everyone is passing the buck, it seems to me. Therefore I like stories where the individual takes responsibility for BEING the individual, and not just for himself, but for his comrades, his society and ultimately for his country. Ultimately, we can all learn a lesson from that and not be browbeaten by the corporate world which is taking over.
Punk is not dead. Punk will only die when corporations can exploit and mass produce it.
What we're trying to do is to...first of all not to elevate any one person, ... When you put the House bill and the Senate bill on corporate responsibility together...I think we'll have a good product. We're not really focusing on who's going to be the kingpin of where yet.
April is tax month. If you are having trouble filing your taxes, then you should hire an accountant. They'll give you the same advice that they've given hundreds of corporations - taxes are for douche bags.
People are putting corporate bonds in their inventories. It's a combination of corporate bond supply and very thin trading.
Concerns about higher interest rates and the yield on the 10-year note may keep stocks on the south side again this morning. The higher yield ... acts as a tax on corporations, and it may also attract money to the bond markets from equities.
Some of our stuff ends up looking too corporate. I'm going to be a lot stricter from now on.
PG Exhibits has done amazing work for Gates Corporation. I know Rod personally and it's an honor to work with someone so talented. He's an expert at bringing vision and a company's brand to life.
We're thrilled to recognize and further thank Capital One Financial for their steadfast support of Family Pride and LGBT parents. Capital One Financial continues to find innovative and creative ways to make LGBT people, particularly LGBT parents, feel valued in the workplace. Their commitment to diversity, inclusion and equality is admirable, and we're proud to honor them with the Corporate Community Responsibility Award.
And while you are waiting, you get a 3 percent yield and one of the strongest balance sheets in corporate America.
For me, as an economist, it was frustrating to have no sense of a theory of corporate finance to tie all this material together.
We don't want to lose the feel that it's Gilroy's Garlic Festival. That it is for the people of Gilroy to show the rest of the world who we are. We don't want to lose that by becoming too corporate.
Corporations in the United States continue to generate good profits. Stock prices are below where they might be based upon the fundamentals for 2005.
There's been a sea change in our focus on corporate ethics. We've made more progress in the last three years than the previous 30.
But what is even more astonishing is that corporations can live in an environment with little pricing power and still earn very handsome profits.
Journalism is the only profession explicitly protected by the U. S. Constitution, because journalists are supposed to be the check and balance on government. We're supposed to be holding those in power accountable. We're not supposed to be their megaphone. That's what the corporate media have become.
The liberal intelligentsia has allowed its party to become a captive of corporate interests.
Wal-Mart ought to be ashamed. While health care costs and the number of uninsured are rising, Wal-Mart feeds America's health care crisis by actually cutting back on its health care spending. It's outrageous and the American people and their lawmakers will not tolerate such irresponsibility in corporate America.
I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned, an era of corruption in high places will follow, and the money-power of the country will endeavor to prolong it's reign by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.
There's been a little bit of corporate and cross interest to buy the Canadian dollar, which appears to have had a little bit of an impact, and I think the market was focusing on support that was very close to 1.17 (85.47 U.S. cents).
Worldwide enterprise wireless e-mail adoption has only begun to scratch the surface, just as a fraction of the hundreds of millions of corporate e-mail seats that have mobile access in the world is approaching 2 billion wireless subscribers. Successful providers delivering corporate mobile e-mail solutions must address the need for mass market adoption.
Corporate profits are likely to rise at double-digit rates in the second half of the year. And that will be hopefully enough to offset some of the negative psychology in the stock market -- assuming it doesn't get worse.
She has truly been remarkable in every respect. She has restored the credibility we were lacking with the corporate community.