Citigroup — which is still 11% owned by the federal government after their bailout — is close to hiring former Obama administration budget director Peter Orszag, the Financial Times reports. “People familiar with the situation said Mr Orszag, who left the White House team in July, was likely to be offered a position dealing with [...]

Credit Repair and Our Poor Judgment   Credit repair becomes necessary in three instances. First, and maybe foremost, is the case of simple ignorance; we get in over our heads out of pure stupidity. Don’t get me wrong, I’ve been there, and it’s the easiest thing in the world to do. We get a credit [...]