In this Oct. 12, 2009 photo, a Citibank sign is seen outside the business in Woburn, Mass. Citigroup has provided a sobering reminder that the economy is still struggling, saying Thursday, Oct. 15, 2009, its third quarter results were weighed down by billions of dollars in failed loans. AP Photo logo AP Photo 2 months ago

In this Oct. 12, 2009 photo, a Citibank sign is seen outside the business in Woburn, Mass. Citigroup has provided a sobering reminder that the economy is still struggling, saying Thursday, Oct. 15, 2009, its third quarter results were weighed down by billions of dollars in failed loans.

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  1. NEW YORK - NOVEMBER 22: Chairman of Citigroup Richard Parsons attends the opening night of ''Dreamgirls'' at The Apollo Theater on November 22, 2009 in New York City.
  2. NEW YORK - NOVEMBER 22: Chairman of Citigroup Richard Parsons attends the opening night of ''Dreamgirls'' at The Apollo Theater on November 22, 2009 in New York City.
  3. NEW YORK - NOVEMBER 22: Chairman of Citigroup Richard Parsons attends the opening night of ''Dreamgirls'' at The Apollo Theater on November 22, 2009 in New York City.
  4. Alexandra Patz watch as Jessina Carroll, a nurse at the Ryan Chelsea-Clinton Community Health Center, administer a swine flu vaccine nasal mist to her son Douglas, 4, in New York, Thursday Nov. 5, 2009. The private nonprofit health center has seen a steady flow of individuals asking for the vaccine. "There was no wait," said Patz, who also got the vaccine along with her son. "It was painless and I am glad I did it." Some of New York's biggest companies, including Wall Street giants Goldman Sachs and Citigroup, received doses of swine flu vaccine for at-risk employees, drawing criticism that the hard-to-find vaccine is going first to the privileged.
  5. Charts shows quarterly earnings for Bank of America, Citigroup, JPMorgan Chase & Co. and Goldman Sachs Group Inc. since the third quarter of.
  6. Charts shows quarterly earnings for Citigroup, JPMorgan Chase & Co. and Goldman Sachs Group Inc. since the third quarter of 2008.
  7. Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse speaks during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.
  8. Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse speaks during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.
  9. Nan Shan Life Insurance Chairman Edmund Tse speaks during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.
  10. Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse speaks during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.
  11. American International Group's (AIG) Executive Vice President and Chief Operating Officer for the Greater China and India Region Richard L. Bender, Nan Shan Life Insurance Chairman Edmund Tse and Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse (L-R) give a thumbs up during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.
  12. American International Group's (AIG) Executive Vice President and Chief Operating Officer for the Greater China and India Region Richard L. Bender, Nan Shan Life Insurance Chairman Edmund Tse, Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse, and Nan Shan Life Insurance President and Chief Executive Frank Chen (L-R) attend a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.
  13. American International Group's (AIG) Executive Vice President and Chief Operating Officer for the Greater China and India Region Richard L. Bender, Nan Shan Life Insurance Chairman Edmund Tse, Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse and Nan Shan Life Insurance President and Chief Executive Frank Chen (L-R) shake hands during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.
  14. American International Group's (AIG) Executive Vice President and Chief Operating Officer for the Greater China and India Region Richard L. Bender, Nan Shan Life Insurance Chairman Edmund Tse, Primus Financial Managing Director, Chairman and Co-Chief Executive Officer Robert Morse and Nan Shan Life Insurance President and Chief Executive Frank Chen (L-R) give a thumbs up during a news conference in Taipei October 13, 2009. AIG struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded by Citigroup's former Asia investment banking head, together with a Hong Kong partner, agreed to buy Nan Shan Life, ending a five-month auction that saw big interest from many corporates and private equity bidders.
  15. A security guard gestures to the photographer to stop taking pictures, inside the Nanshan insurance headquarters building in Taipei October 13, 2009. American International Group (AIG) has agreed to sell it's Taiwan life insurance unit for $2.15 billion, a key step in its effort to raise cash after a U.S. government bailout last year saved the company from collapse. Primus Financial, a new firm founded by Citigroup's former investment banking head in Asia and a Chinese partner, has agreed to purchase Nan Shan Life, AIG said on Tuesday.
  16. A man walks past a Nanshan logo outside an insurance office building in Taipei October 13, 2009. American International Group (AIG) has agreed to sell it's Taiwan life insurance unit for $2.15 billion, a key step in its effort to raise cash after a U.S. government bailout last year saved the company from collapse. Primus Financial, a new firm founded by Citigroup's former investment banking head in Asia and a Chinese partner, has agreed to purchase Nan Shan Life, AIG said on Tuesday.

Recent Photos From The Wire

  1. PERTH, AUSTRALIA - DECEMBER 16: Simon Katich of Australia straight drives during day one of the Third Test match between Australian and the West Indies at WACA on December 16, 2009 in Perth, Australia.
  2. PERTH, AUSTRALIA - DECEMBER 16: Shane Watson of Australia hooks for four during day one of the Third Test match between Australian and the West Indies at WACA on December 16, 2009 in Perth, Australia.
  3. PERTH, AUSTRALIA - DECEMBER 16: Simon Katich of Australia plays a shot off his pads during day one of the Third Test match between Australian and the West Indies at WACA on December 16, 2009 in Perth, Australia.
  4. PERTH, AUSTRALIA - DECEMBER 16: Shane Watson of Australia jams his bat down on a yorker during day one of the Third Test match between Australian and the West Indies at WACA on December 16, 2009 in Perth, Australia.
  5. A Christmas tree is seen lit up inside the perimeter of the compound of the United States Interests Section in Havana December 15, 2009. The U.S. State Department has confirmed the December 5 arrest of an unidentified American, who The New York Times reported was handing out telecommunications equipment such as cellphones and laptops on the communist-ruled island.
  6. A Christmas tree is seen lit up inside the perimeter of the compound of the United States Interests Section in Havana December 15, 2009. The U.S. State Department has confirmed the December 5 arrest of an unidentified American, who The New York Times reported was handing out telecommunications equipment such as cellphones and laptops on the communist-ruled island.
  7. A diver dressed as Santa Claus feeds a turtle at an oceanarium in Hefei, Anhui province December 16, 2009.
  8. Phoenix Suns' Jared Dudley reacts after defeating the San Antonio Spurs during an NBA basketball game in Phoenix, Arizona, December 15, 2009.
  9. PERTH, AUSTRALIA - DECEMBER 16: Shane Watson of Australia fends off a short delivery during day one of the Third Test match between Australian and the West Indies at WACA on December 16, 2009 in Perth, Australia.
  10. PERTH, AUSTRALIA - DECEMBER 16: Ravi Rampaul of the West Indies sends down a delivery during day one of the Third Test match between Australian and the West Indies at WACA on December 16, 2009 in Perth, Australia.
  11. The statue of Christ the Redeemer is seen during sunset in Rio de Janeiro, Tuesday, Dec. 15, 2009.
  12. A man prepares a native delicacy during the season for church goers attending an early morning mass that signals the start of celebration of Christmas Wednesday, Dec. 16, 2009 in Manila, Philippines.
  13. Filipino devotees flock to the church for the early morning mass that signals the start of celebration of Christmas Wednesday, Dec. 16, 2009 in Manila, Philippines.
  14. Christopher Hall stands during his arraignment in Providence, R.I., District Court Tuesday, Dec. 15, 2009, on charges of shooting and wounding three police officers during a drug raid Monday night.
  15. St. Louis Blues' Barret Jackman (5) congratulates goalie Chris Mason (50), as Calgary Flames' Olli Jokinen skates by, after the third period of an NHL hockey game, Tuesday, Dec. 15, 2009 in St. Louis. The Blues beat the Flames 4-3.
  16. St. Louis Blues' T.J. Oshie (74), center, celebrates with teammates after scoring the go-ahead goal in the third period of an NHL hockey game against the Calgary Flames, Tuesday, Dec. 15, 2009 in St. Louis. The Blues beat the Flames 4-3.