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Topic: Citicorp

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		When Rucker tendered to Citicorp the total for back payments that had been specified by Citicorp, he was notified for the first time that the premium rate stated to him as an annual rate was instead a monthly rate of premium and that an additional amount of $4,300 was past due.
		Citicorp filed a motion to strike and dismiss the counterclaim, and the motion was set for hearing on February 20, 1991.
		Citicorp argued that (1) the cause of action was barred by the law of the case Ô ?ð#´<Ôdoctrine; (2) count II was barred by the ÃÃMoormanÄÄ doctrine Ô ?%´<Ô(ÃÃMoorman Manufacturing Co. v.
	www.state.il.us /court/OPINIONS/AppellateCourt/1998/1stDistrict/March/WP/1953551.doc (2585 words)

	The Midtown Book - Citicorp Center (Site not responding. Last check: 2007-10-08)
		The final part of the puzzle involved the creation of a condominium ownership of the site and the erection of a new church on it for St. Peter's, which was represented by John White of Landauer Associates, one of the city's most astute real estate advisors.
		The soaring Citicorp tower now rises from a very eclectic group of geometrically different buildings and the ensemble is one of the more bizarre and fascinating in Manhattan.
		Citicorp Center is the most important New York skyscraper erected after World War II in that it pioneered a major redevelopment of an important area and was both an engineering marvel and an important and striking aesthetic statement.
	www.thecityreview.com /citicorp.html (2018 words)

	Maguire v. Citicorp. Retail Services Inc. (Site not responding. Last check: 2007-10-08)
		Citicorp had not consistently used the name Debtor Assistance from the beginning of the credit relationship so that the plaintiff could have known "at all times that [she was] dealing with the same entity." Dickenson, 770 F. Supp.
		Citicorp's principal argument is that because the Debtor Assistance letter noted that Debtor Assistance was a "unit of CRS," Maguire must have known that the Debtor Assistance letter was from Citicorp.
		Citicorp also argues that it is not subject to the FDCPA because its use of the name "Debtor Assistance" in the circumstances of this case does not "indicate that a third person is collecting or attempting to collect such debts." 15 U.S.C. § 1692a(6).
	lw.bna.com /lw/19980721/977755.htm (2924 words)

	Citicorp Plans $70 Billion Merger With Travelers Group
		Citicorp's chief executive, John Reed, and Travelers' chief executive, Sanford Weill, would jointly run the new company, to be called Citigroup Inc. "Frankly, we're probably talking about a restructuring of the financial services industry," said Reed.
		Citicorp, and other big banks caught in the same perilous position, pulled through the crisis largely because of a generous interest-rate environment engineered by the Federal Reserve chairman, Alan Greenspan.
		Citicorp eventually recovered and by the mid-1990s it had emerged as one of the most competitive and profitable banks in the country.
	www.cs.cornell.edu /ugrad/travelers.htm (1377 words)

	OSCN Found Document:Commodore Home Systems, Inc. v. Citicorp Acceptance Co., Inc.
		Citicorp denied the allegation that their employee, Liz Patterson, at any time promised to forward funds to Commodore and denied that Commodore had any reasonable expectation of receiving the wholesale payment from Citicorp.
		Citicorp attached the affidavits of its employee, Liz Patterson, and its area manager, Mike Pool, in support of its response brief and concluded with their own request for judgment against Commodore.
		By affidavit, Citicorp's employee, Liz Patterson, admitted having a telephone conversation with Commodore's representative but stated that she informed him that Citicorp could not bypass the retailer, Key, as requested and that she never promised to pay Commodore directly, as Wile had asked.
	www.oscn.net /applications/oscn/deliverdocument.asp?citeid=10532 (2130 words)

	Business - The Enquirer - October 22, 1997 (Site not responding. Last check: 2007-10-08)
		Citicorp, the nation's second-largest banking company, will take a $889 million charge to pay for eliminating 7,500 jobs in the next 12 to 18 months as it tries to become more efficient at processing customer transactions.
		Citicorp, the nation's largest issuer of Visa and MasterCard accounts, has a credit-card processing center and collections unit in Florence known as Citicorp Credit Services Inc. with 880 employees.
		Citicorp executives would not say where the job reductions - the most since the early 1990s when it was wrestling with bad real estate loans - will occur.
	www.enquirer.com /editions/1997/10/22/bus_citicorp.html (439 words)

	Hugh Stubbins (Site not responding. Last check: 2007-10-08)
		In the Citicorp tower, the forty-per-cent increase in tension produced by a quartering wind became a hundred-and-sixty-per-cent increase on the building's bolts.
		Citicorp also assigned two vice-presidents, Henry DeFord III and Robert Dexter, to manage the repairs; both had overseen the building's construction and knew it well.
		Citicorp pushed for repair work around the clock, but Nusbaum refused to allow welding during office hours, for fear that clouds of acrid smoke would cause panic among the tenants and set off every smoke detector in the building.
	www.bcee.concordia.ca /programs/BLDG481/letmein/myweb/LeMessurier.htm (6703 words)

	(RE)EXAMINING THE CITICORP CASE: Ethical Paragon or Chimera
		Citicorp Center was designed and constructed during an extended period of economic malaise in the city.
		Citicorp Center was the subject of broad attention as well as great praise in the popular media.
		Professionals’ initial responses to the Citicorp Center tower case may have derived from its dramatic journalistic presentation, and from an understandable desire to perceive their eminent colleague at the center of the drama as a hero.
	www.crosscurrents.org /kremer2002.htm (4559 words)

	BUILDING BIG: Databank: Citicorp Center
		The church allowed Citicorp to build the skyscraper under one condition: a new church would have to be built on the same corner, with no connection to the Citicorp building and no columns passing through it.
		The Citicorp crisis of 1978 was hidden from the public for almost 20 years.
		Citicorp Center was the first skyscraper in the United States to contain a tuned mass damper, a pendulum-like device that reduces the sway in tall buildings caused by the wind.
	www.pbs.org /wgbh/buildingbig/wonder/structure/citicorp.html (332 words)

	Business Wire: Citicorp fourth quarter net income increased 9%... @ HighBeam Research (Site not responding. Last check: 2007-10-08)
		Citicorp today reported that net income in the 1996 fourth quarter and full year was $987 million and $3.8 billion, both up 9% over the comparable 1995 periods.
		Citicorp's consumer businesses -- Citibanking, Cards, and the Private Bank -- earned $575 million in the quarter on adjusted revenue of $3.6 billion, which increased 11% from 1995, and earned $2.0 billion in the year on revenue of $13.5 billion, up 9%.
		Citicorp's effective tax rate was 38% and 37% in the 1996 and 1995 fourth quarters, and 38% for both 1996 and 1995.
	www.highbeam.com /library/doc0.asp?DOCID=1G1:19036762&refid=holomed_1 (4022 words)

	GLASS ON WEB - Articles - The Citicorp Center
		Citicorp Center, "One of the most successful urban schemes in New York in the 1970's"(Dennis Sharp), is located at 601 Lexington Avenue, between 53rd and 54th Streets.
		This 59-floor building with 102,200 m2 of usable office space is recognized throughout the world, due to its unusual 45-degree roof originally planned as a solar collector.
		Vital statistics and info about how Citicorp Center was constructed and which problems the engineer encountered.
	www.glassonweb.com /articles/article/91 (214 words)

	Citicorp makes a killing on Suzlon
		Citicorp, which had invested in Suzlon in April last year, effectively paid Rs 21.6 per share, and will now get at least Rs 425 per share, since the price band for the IPO has been set at Rs 425-510.
		Of course, Citicorp will not realise this return entirely, since it is selling only a small portion of its investment in the company through the IPO.
		Unlike Citicorp, which is offloading shares through the IPO, ChrysCapital has already sold about 60 per cent of what it held in Suzlon to other foreign investors at an average price of Rs 385.6 per share.
	www.rediff.com /money/2005/sep/17citi.htm (335 words)

	Citicorp Credit Services--02/04/93 (Site not responding. Last check: 2007-10-08)
		The final consent order imposes a duty on Citicorp Credit Services to investigate merchants with high chargeback rates, and to terminate them if they are found to be engaging in fraudulent, deceptive or unfair practices.
		Citicorp Credit Services must either terminate immediately merchants who fail to comply with the plan, or investigate whether their high chargeback rate is due to fraudulent, deceptive or unfair activity and, if so, terminate them at that point.
		In addition, under the order, Citicorp Credit Services is prohibited from processing credit-card transactions for any merchant it terminated in the previous year because of excessive chargebacks, without first investigating and concluding that the merchant is not engaged in fraudulent, deceptive or unfair activities.
	www.ftc.gov /opa/predawn/F93/citicorpc4.htm (490 words)

	Citicorp to cut 7,500 jobs - Oct. 21, 1997
		NEW YORK (CNNfn) - Citicorp said Tuesday it is eliminating 7,500 jobs over the next 12 to 18 months, and taking a $556 million charge that dampened third-quarter net earnings.
		Citicorp's income for the third quarter of 1997 was $1.067 billion, or $2.19 per share, but the one-time charge reduced net income to $511 million, or $1.01 per share, down 45 percent from the $935 million, or $1.85 per share, a year earlier.
		Citicorp's revenues for the third quarter of 1997 totaled $2.67 billion, up from $2.3 billion a year earlier.
	money.cnn.com /1997/10/21/companies/citicorp (372 words)

	SNS Online - Business - Citicorp, Travelers agree on mammoth merger 4/7/98
		Both companies were valued at $70 billion at the beginning of the day, but after trading closed, Citicorp's value had shot up to $82 billion, with Travelers at $82.5 billion.
		Citicorp stock bolted $37.62 1/2 to $180.50 on the New York Stock Exchange, while Travelers jumped $11.31 to $73.
		Citicorp and Travelers, parent of Salomon Smith Barney and Travelers insurance, are betting that Congress will change Depession-era laws prohibiting banks from getting into the insurance or brokerage businesses.
	www.news-star.com /stories/040798/biz_citicorp.html (621 words)

	California Signs Contract With Citicorp To Privatize Delivery Of Food Stamps And Welfare Benefits (Site not responding. Last check: 2007-10-08)
		Citicorp was the sole bidder on the state's contract to deliver the benefits through a new Electronic Benefit Transfer (EBT) system mandated by federal law.
		Citicorp is the largest U.S. operator of EBT programs, with contracts in more than 30 states.
		However, the New York Attorney General's review of Citicorp's performance leading up to the lawsuit revealed that 90 percent of these businesses that were supposed to provide benefits through Citicorp were either refusing to do so or inappropriately charging for the service.
	www.consumersunion.org /pub/core_newmoney/001924.html (876 words)

	Citicorp and Citibank
		I have not researched the 1980s to see if Citicorp or Citibank were part of the Wall Street Milken frauds or the UK Maxwell frauds during those years.
		Switzerland's UBS and Citicorp of the US are among the financial giants determined to clamp down on the organised crime syndicates who deposit an estimated GBP 34.5 billion of dirty money in banks worldwide every year.
		The chairman of Citicorp Insurance Brokers in London fraudulently doubled the 15% fees for a wide ranging insurance policy for the operators of the Panama Canal.
	www.uow.edu.au /arts/sts/bmartin/dissent/documents/health/citicorp_early.html (4574 words)

	Hummingbird Press Release - Citicorp Purchases Hummingbird DM, BI and ETL Solutions
		Citicorp EFS is a pre-eminent provider of debit card services to government agencies and individual consumers, including delivering benefits under the Food Stamp Program, Social Security payments and other programs in more than 30 states.
		Citicorp EFS's specialized reporting requirements demanded a business intelligence tool that could meet the challenge of multiple levels of reporting for commercial clients as well as for employees who manage benefit delivery under government programs.
		Citicorp EFS staff needed a sophisticated yet flexible and easy-to-use solution that would allow them to customize reports according to their information needs, within a secure environment.
	www.hummingbird.com /press/2001/citicorp.html?cks=y (646 words)

	Ideal time to enter Citicorp Securities
		Citicorp Securities, a partof the Citibank group, was earlier into leasing and bill discounting andlater moved into transaction processing services for its parent.
		Citicorp Securities is currently engaged in transaction processing services.This involves all back-office processing relating to data capture, dataconversion, data processing and data storage.
		However, theCitigroup is Citicorp's sole client and poses a significant threat of clientconcentration.
	www.expressindia.com /fe/daily/20000115/fns15002.html (624 words)

	Inner City Press' Protest to the Formation of Citigroup in 1998
		Citicorp is headquartered in New York City, one of the U.S. cities with the starkest contrasts between affluent and low income communities.
		Citicorp and its mortgage-lending subsidiaries, including its banks, disproportionately exclude and deny the applications of African American and Latino mortgage applicants, in virtually every market they lend in, including in Citicorp’s banks’; CRA assessment areas.
		Citicorp in Miami: In this MSA in 1996, Citibank FSB had a 1.77% market share of loans to whites, and only a 0.36% market share of loans to whites, and only a 0.77% market share of loans to Hispanics.
	www.innercitypress.org /samprot.html (10197 words)

	Boston.com / News / Local / Conn. / Aspirin found in envelope sets off scare at CitiCorp
		A downtown Citicorp mailroom and a portion of the street outside were shut down for about four hours Thursday after a white powdery substance spilled from an envelope.
		Seven Citicorp workers were confined to the first-floor mailroom at the Hub Tower until it was confirmed that the white substance was harmless, O'Keefe said.
		A telephone message left for Citicorp officials was not immediately returned.
	www.boston.com /news/local/connecticut/articles/2004/12/17/aspirin_found_in_envelope_sets_off_scare_at_citicorp (385 words)

	citigroup (Site not responding. Last check: 2007-10-08)
		Citicorp and other bank investors stress they are passive, minority investors and that they intend eventually to sell their stakes, possibly to their investment partners.
		Citicorp financing of projects is actually subsidized by the taxpayer through federal or multilateral agencies such as the World Bank or the U.S. Overseas Private Investment Corporation (a "corporation" controlled by the U.S. Department of State), which provide political risk insurance to banks such as Citibank and/or to the operating timber or mining companies.
		Citicorp, through negotiations in Buenos Aires, is pressing the Argentine central bank to allow it to swap some of its Argentine government debt to acquire a big holding in Celulosa S.A., the country's second-largest pulp and paper producer, U.S. bankers and Argentine officials say.
	www.endgame.org /citigroup.html (17526 words)

	Citicorp Finance to pick up 15% stake in Rain Commodities- The Economic Times (Site not responding. Last check: 2007-10-08)
		Citicorp is also investing Rs 115 crore as debentures in its subsidiary company, Rain.
		Citicorp will hold around 15% in the company when the warrants are converted.
		Citicorp is investing in non convertible debentures of around Rs 115 crore to be issued by Rain Industries.
	economictimes.indiatimes.com /articleshow/msid-1068854,prtpage-1.cms (591 words)

	Citicorp technology chief steps aside - Computerworld (Site not responding. Last check: 2007-10-08)
		But sources close to Citicorp said they believe the well-respected Crook was frustrated by a power shift at the bank after Citicorp recruited several superstar operations executives in recent months.
		Citicorp Chairman John S. Reed told Crook about the hirings about a year ago, around the same time that Crook broached his retirement plans to Reed.
		Citicorp ``didn't want any preconceived notions about how things were done in the banking industry,'' Gillis said.
	www.computerworld.com /printthis/1997/0,4814,4088,00.html (526 words)

	American Metal Market: Citicorp effort to buy Lonconex Holdings Ltd. off "for time being."
		The deal, which sources said was in the range of $13 million to $14 million, was expected to benefit Lonconex by the infusion of Citicorp capital and by the vast operating base afforded by the Citicorp international network.
		One source noted that the decision was probably made at Citicorp's world headquarters, and that several senior Citicorp people in London were surprised and upset by the announcement.
		Citicorp International Trading Corp., a wholly owned subsidiary of Citicorp, was formed in June 1983, in accordance with the Bank Export Services Act, and has been authorized to engage in international trade, "particularly the promotion of the export of goods and services produced in the U.S.,' according to the Citicorp spokeswoman.
	www.findarticles.com /p/articles/mi_m3MKT/is_v92/ai_3502212 (388 words)

	Citicorp Group Business Brokers (Site not responding. Last check: 2007-10-08)
		Citicorp Group Pty Ltd is a property sales and leasing company with interests throughout Australia and Internationally.
		The group consists of Citicorp Business Brokers, Citicorp Commercial, Citicorp Marketing and Advertising and Citicorp Property Management all of which are industry leaders.
		Citicorp Group is a young, vibrant company which prides itself on the professionalism and expertise of its staff — all of whom bring significant experience to the organization.
	www.citicorpbusinessbrokers.com.au (136 words)

	THE FIFTY-NINE-STORY CRISIS (Site not responding. Last check: 2007-10-08)
		In the late nineteen-seventies, when Citicorp began its expansion into global banking, Wriston was one of the most influential bankers in the country.
		As a result, press coverage in New York City the next day was as uninformative as the handout: a short piece in the Wall Street Journal, which raised no questions about the nature of the new data, and one in the News, which dutifully quoted DeFord's remark about belts and suspenders.
		Whatever the actual cost, Citicorp's effort to recoup it was remarkably free of the punitive impulse that often poisons such negotiations.
	www.predesign.org /citicorp1.htm (6704 words)

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