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EMI May Attract Bidders to Beatles Label After Hands Loses Citigroup Case

EMI May Attract Bidders to Beatles Label After Hands Loses Citigroup Case
Bidders may be lining up for Guy Hands ’s EMI Group Ltd ., owner of the Beatles record label, after his defeat in a court battle with Citigroup… Continue reading

The Subprime Debacle, Part 2: New Testimony Reveals Citigroup Knew Exactly What Crap It Was Selling

The Subprime Debacle, Part 2: New Testimony Reveals Citigroup Knew Exactly What Crap It Was Selling
“All those subprime and Alt-A mortgages written in the middle of the last decade? They were packaged and sold in securities. They have had… Continue reading

Hands Says He Was Tricked by Citigroup Banker Wormsley in Bidding for EMI

Hands Says He Was Tricked by Citigroup Banker Wormsley in Bidding for EMI
Guy Hands , whose Terra Firma Capital Partners Ltd. paid $ 6.7 billion for EMI Group Ltd. at the height of the buyout boom in 2007, began… Continue reading

Hands Says Citigroup Banker Tricked Him in EMI Bid

Hands Says Citigroup Banker Tricked Him in EMI Bid
Guy Hands, whose Terra Firma Capital Partners Ltd. paid $ 6.7 billion for EMI Group Ltd. at the height of the buyout boom in 2007, says he was tricked into overpaying… Continue reading

EMI Credit-Default Swap Traders Cut Bets as Hands, Citigroup Square Off

EMI Credit-Default Swap Traders Cut Bets as Hands, Citigroup Square Off
Traders have reduced wagers on EMI Group Ltd.’s future in the credit-default swap market as owner Terra Firma Capital Partners Ltd. and Citigroup Inc. square off over the cost… Continue reading