PhillyDeals Archive: November, 2008

Citigroup could cut 70,000 jobs; India, Mex, Brazil loans sour

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Citigroup CEO Vikram Pandit tells staff he wants to cut 20% of 350,000 worldwide workforce as business slows. Citi announcement here. Also... Read more

Feds settle with Commerce's Vernon Hill; ex-CEO in talks with TD

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The federal Office of the Comptroller of the Currency has ended its investigation of former Commerce Bank CEO Vernon Hill by ordering him to... Read more

Is Paulson right about bank bailout?

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"Mr. Paulson is right" to buy bank stock instead of bad debt, says Richard X. Bove, bank analyst at Ladenburg Thallman & Co.... Read more

Planners to meet re supertall American Commerce Center

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Expecting an overflow crowd, the Philadelphia City Planning Commission has moved next Tuesday's meeting to the Friends Select School auditorium... Read more

Feds finally act to stabilize dangerous $33 trillion credit-default swap market

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The Federal Reserve, Securities and Exchange Commission and Commodities Futures Trading Commission are setting up regulated markets that will... Read more

North Carolina Treasurer fights Wachovia sale - UPDATE 11/17

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UPDATE: North Carolina State Treasurer and sometime gubernatorial hopeful Richard Moore wants to defeat Wells Fargo & Co.'s takeover bid... Read more

Suburban Philly newspapers up for sale

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Journal Register Co., Yardley, has hired newspaper broker Dirks, Van Essen & Murray, Santa Fe, to help find buyers for daily and weekly... Read more

TD Bank shuts off water to Commerce fountains

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TD Bank confirms it's turning off the fountains designed for the former Commerce Bank headquarters and regional offices under ex-Commerce style... Read more