Consumer Finance Center – financing

Charles D asked: I read FT partly to get myself up to speed on the finance most biz majors learn their first year of school. I came across this passage which has several concepts that go over my head.
“But even following the plan to convert preferred shares to common equity, Citi will have $80B [...]

cruachanmusic asked: I blame the following from most to blame to least to blame:
1) Unions: unsklled assembly workers getting $70000+ a year to do something a monkey could do. Theres your problem. How can any company survive with these greedy slackers?
Companies have been forced to put cheaper parts in their cars leading to [...]