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Citigroup: The Bad Boy of Finance
Citigroup has looked like an octopus in a minefield lately. The world's largest bank measured by revenues, Citigroup (symbol C ) is involved in every aspect of finance you could name -- and appears to have made big mistakes in most of them. The company has written off and lost $53.6 billion through the credit crunch so far, which is more than any other bank or broker.

WSJ says gov't may soon back troubled mortgage finance giants Fannie Mae, Freddie Mac
WASHINGTON - The government may soon step in to provide a financial boost to mortgage finance companies Fannie Mae and Freddie Mac, the Wall Street Journal reported late Friday.

Finance rejects proposed VAT tweaks
MANILA, Philippines - The Finance department has rejected legislative moves to exempt certain sectors from the value-added tax (VAT), saying the revenues, which mostly come from high income earners, are needed as their use will benefit those in the lower income brackets.

No amount of money buys free kicks for five-a-side finance chief
You might have thought that running a five-a-side football business would provide some perks on the pitch. A few missed tackles from your opponents and the odd soft penalty should be the least expected by Goals Soccer Centres finance chief Bill Gow, who still loves his weekly runaround.

Brown hints at Scottish finance powers
Scotland's finance secretary has accused Gordon Brown of "caving in" to the case for more powers for the Scottish Parliament.

Finance Administrator Pleads Guilty
The former finance administrator of Gardiner has pleaded guilty to stealing $195,000 from the city's coffers over a six-year period. Fifty-five-year-old Patricia Coty pleaded guilty Wednesday in Kennebec County Superior Court.

The Hindu Business Line : Report sees change in Finance Minister
Barclays Capital says in its research report that the current Finance Minister, Mr P. Chidambaram, will be replaced by Dr C. Rangarajan, the ex-chairman of the Economic Advisory Council to the Prime Minister, in the next few weeks.