Citi Has Been Unable to Manage Risk, Patsky Says

Nov. 15 (Bloomberg) -- Matthew Patsky, chief executive officer of Trillium Asset Management LLC, talks about a call by Benedictine nuns for Citigroup Inc. to break up some of its businesses to increase shareholder value. Patsky speaks with Pimm Fox and Sara Eisen on Bloomberg Television's "Market Markers." (Source: Bloomberg)

Fed Approves Emergency Lending Limits for Financial Firms
21:05 - Federal Reserve Chair Janet Yellen presides over a meeting of the Fed Board of Governors in Washington to discuss and vote on rules governing the central bank's ability to help failing financial firms. Under the Fed’s revised authority approved in the vote Monday, the central bank would only be able to save firms in a broad-based scenario, meaning it must help at least five entities at the same time. (Source: Bloomberg)
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